Engel Law PLLC is investigating whether fair value to Urstadt Biddle Properties Inc. (NYSE: UBA and UBP) shareholders will result from the proposed merger of Urstadt Biddle and Regency Centers Corporation, pursuant to which Urstadt Biddle stockholders will receive 0.347 of a newly-issued Regency share for each UBA or UBP share.
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.