We are investigating the fairness of the proposed sale of Retail Opportunity Investments Corp. (Nasdaq: ROIC) (“ROIC”) to Blackstone for $17.50 per share in cash.
If you remain an ROIC shareholder and question the fairness of the price, you may contact our firm to discuss your legal rights at no charge by completing and submitting the form below.
Alternatively, you may contact us by phone at 866-833-6245, or via email at alerts@wohlfruchter.com.
Why is there an investigation?
On November 6, 2024, ROIC announced that it had agreed to be sold to Blackstone for $17.50 per share in cash.
“We are investigating whether the ROIC Board of Directors acted in the best interests of ROIC shareholders in approving the sale,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter. “This includes whether the price agreed upon is fair to ROIC shareholders, as well as whether all material information regarding the transaction has been fully disclosed.”