Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of INDUS Realty Trust, Inc. (NasdaqGM: INDT) to affiliates of Centerbridge Partners, L.P. and GIC Real Estate, Inc. Under the terms of the proposed transaction, shareholders of INDUS will receive $67.00 in cash for each share of INDUS that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
INDUS REALTY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of INDUS Realty Trust, Inc. - INDT
Feb 24, 2023
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