Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Office Properties Income Trust (NASDAQ: OPI) and Diversified Healthcare Trust is fair to Office Properties shareholders. Pursuant to the terms of the merger agreement, Diversified Healthcare shareholders will receive 0.147 shares of Office Properties for each common share of Diversified Healthcare. Upon closing of the proposed transaction, Office Properties shareholders will own approximately 58% of the combined company.
Halper Sadeh encourages Office Properties shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.
The investigation concerns whether Office Properties and its board violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Office Properties shareholders; and (2) disclose all material information necessary for Office Properties shareholders to adequately assess and value the merger consideration. On behalf of Office Properties shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh encourages Office Properties shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.
Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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