Weiss Law investigates Duke Realty Corporation
NEW YORK, June 13, 2022 /PRNewswire/ — Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Duke Realty Corporation (“Duke Realty” or the “Company”) (NYSE: DRE), as part of the planned acquisition of the Company by Prologis, Inc. (“Prologis”) (NYSE: PLD). Upon completion of the transaction, shareholders of the Company will receive 0.475 of a common share of Prologis for each Duke Realty share held, representing an implied merger consideration per share of approximately $55.69 based on Prologis June 10, 2022 closing price of $117.24. The all-stock transaction is valued at approximately $26 billion.
If you own Duke Real Estate actions and wish to discuss this survey or have questions about this notice or your rights or interests, visit our website:
Or please contact:
Joshua Rubin, Esq.
305 Broadway, 7e Floor
New York, NY 10007
Weiss Law is investigating whether (i) Duke Realty’s board of directors acted in the best interests of the company’s shareholders in agreeing to the proposed transaction, (ii) the merger consideration per share adequately compensates Duke shareholders Realty, and (iii) all information regarding the sale process and valuation of the transaction will be fully and fairly disclosed.
Weiss Law has litigated hundreds of shareholder class and derivative actions for breach of corporate and fiduciary duties. We’ve recovered over $1 billion for defrauded customers and won significant corporate governance relief in many of those cases. If you have information or want legal advice regarding possible corporate wrongdoing (including insider trading, waste of company assets, accounting fraud or misleading information), fraud consumer rights (including false advertising, defective products or other deceptive marketing practices), or anti-trust violations, please email us at [email protected]
SOURCE Weiss’ Law