Law Group, led by former federal judge Joe Kendall, is investigating
Cogdell Spencer Inc. (NYSE: CSA) for shareholders in connection with the
proposed acquisition by Ventas, Inc. The national securities firm's
investigation seeks to determine whether CSA and its Board breached
their fiduciary duties by entering into the agreement without properly
shopping for a deal that would provide better value for shareholders. If
you are a Cogdell Spencer shareholder and would like additional
information about your rights, contact the Kendall Law Group at
877-744-3728 or by email at email@example.com.
On December 27, 2011, the companies announced the definitive merger
agreement under which Ventas, Inc. plans to acquire Cogdell Spencer
Inc., in a transaction valued at approximately $760 million. Under the
terms of the agreement, CSA stockholders will receive $4.25 in cash for
each share of Cogdell Spencer common stock held. This represents an 8%
premium over the closing price on December 23, 2011. Shareholders of CSA
preferred stock will receive $25.00 per share, as well as accrued and
unpaid dividends through closing. The firm's investigation seeks to
determine whether CSA and its Board undertook a fair process in
negotiating the deal.
Kendall Law Group was founded by a former federal judge, includes a
former United States Attorney, prosecutors and securities lawyers who
are experienced in complex securities litigation. The firm has been
counsel in numerous merger and acquisition cases nationwide, including
some of the largest transactions in the United States.