Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Silver Bay Realty Trust Corp (NYSE: SBY) acted responsibly on behalf of investors’ profitability in the planned $1.4 billion sale to Tricon Capital Group Inc.

On February 27, 2017, Silver Bay Realty Trust Corp (NYSE: SBY) and Tricon Capital Group Inc announced that they had entered into a merger agreement. Under the terms of the merger agreement, Tricon will offer Silver Bay shareholders $21.50 per share in cash for all outstanding shares.    

Based in Plymouth, MN, Silver Bay Realty Trust Corp focuses on the acquisition, renovation, leasing and management of single-family properties for rental income and long-term capital appreciation.

The investigation is looking to uncover whether Silver Bay Realty Trust Corp was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $22.00 per share.

If you purchased Silver Bay Realty Trust Corp (NYSE: SBY) prior to February 27, 2017, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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