WILMINGTON, Del.--(BUSINESS WIRE)--
Rigrodsky & Long, P.A.:
- Do you own shares of Equity One, Inc. (NYSE: EQY)?
- Did you purchase any of your shares prior to November 15, 2016?
- Do you think the proposed merger value is too low?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Equity One, Inc. (“Equity One” or the “Company”) (NYSE: EQY) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to merge with Regency Centers Corporation (“Regency”) (NYSE: REG).
Click here to learn more: http://rigrodskylong.com/investigations/equity-one-inc-eqy.
Under the terms of the agreement, each share of Equity One common stock will be converted into 0.45 shares of newly issued shares of Regency common stock. On a pro forma basis, following the closing of the transaction, Regency shareholders are expected to own approximately 62 percent of the combined company’s equity, and former Equity One shareholders are expected to own approximately 38 percent.
The investigation concerns whether Equity One’s board of directors failed to adequately shop the Company and obtain the best possible value for Equity One’s shareholders before entering into an agreement with Regency.
If you own the common stock of Equity One and purchased your shares before November 15, 2016, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to [email protected], or at: http://rigrodskylong.com/investigations/equity-one-inc-eqy.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar outcome.
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