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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Resource America Inc (NASDAQ: REXI) acted responsibly on behalf of investors’ profitability in the planned $270 million sale to C-III Capital Partners LLC.
On May 23, 2016, Resource America Inc (NASDAQ: REXI) and C-III Capital Partners LLC announced that they had entered into a merger agreement. Under the terms of the merger agreement, C-III Capital Partners will offer Resource America shareholders $9.78 per share in cash for all outstanding shares.
Based in Philadelphia, Pennsylvania, and founded in 1966 Resource America Inc operates as an asset management company.
The investigation is looking to uncover whether Resource America Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $11.00 per share.
If you purchased Resource America Inc (NASDAQ: REXI) prior to May 23, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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