Cases
Owens Realty Mortgage, Inc. (ORM)
Merger
Overview
Overview
- Date:
- 11/14/2018
- Company Name:
- Owens Realty Mortgage, Inc.
- Stock Symbol:
- ORM
- Company Name - Buyer:
- Ready Capital Corporation
- Stock Symbol - Buyer:
- RC
- Status:
- Closed/Complete
- Merger Announcement Date:
- 11/7/2018
NEW YORK, November 14, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Owens Realty Mortgage, Inc. (NYSE: ORM) on behalf of stockholders concerning the proposed acquisition of the company by Ready Capital Corporation (NYSE: RC).
Pursuant to the proposed transaction, announced on November 7, 2018, Owens stockholders will receive 0.2218 shares of Ready for each share of Owens common stock owned. The investigation focuses on whether Owens and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own Owens shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.
Pursuant to the proposed transaction, announced on November 7, 2018, Owens stockholders will receive 0.2218 shares of Ready for each share of Owens common stock owned. The investigation focuses on whether Owens and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own Owens shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.