Engel Law PLLC is investigating whether fair value to INDUS shareholders will result from the proposed sale of INDUS Realty Trust, Inc. (NASDAQ: INDT) to affiliates of Centerbridge Partners, L.P. and GIC Real Estate, Inc. for $67.00 per share in cash.
The Firm’s investigation concerns:
(i) whether the Company’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction;
(ii) whether the merger consideration adequately compensates the Company’s shareholders; and
(iii) whether all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.