Pomerantz Haudek Grossman & Gross LLP is investigating claims on behalf
of investors of Cogdell Spencer Inc. ("Cogdell" or the "Company")
(NYSE:CSA) concerning the proposed acquisition of Cogdell by Ventas,
Inc. in a cash transaction valued at approximately $760 million.
The investigation concerns whether the Cogdell directors are breaching
their fiduciary duties by failing to adequately shop the Company and
maximize shareholder value. Under the terms of the agreement, Cogdell
shareholders would receive $4.25 per share in cash. However, a research
analyst has set a target share price of $6.00 per share. Moreover,
Cogdell has recently traded above $6.50 per share.
Cogdell shareholders seeking more information about this acquisition are
advised to contact Gustavo Bruckner, Esq. at email@example.com
or 212-661-1100 or toll free at 888-476-6529, ext. 302. Shareholders may
also contact Rachelle R. Boyle at firstname.lastname@example.org
or 212-661-1100 or 888-476-6529, ext. 237.
The Pomerantz Firm, with offices in New York, Chicago, and Washington,
D.C., is acknowledged as one of the premier firms in the areas of
corporate, securities, and antitrust class litigation. Founded by the
late Abraham L. Pomerantz, known as the dean of the class action bar,
the Pomerantz Firm pioneered the field of securities class actions.
Today, more than 70 years later, the Pomerantz Firm continues in the
tradition he established, fighting for the rights of the victims of
securities fraud, breaches of fiduciary duty, and corporate misconduct.
The Firm has recovered numerous multimillion-dollar damages awards on
behalf of class members. See www.pomerantzlaw.com.