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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of EdR (NYSE: EDR) to Greystar Student Housing Growth and Income Fund, LP for $41.50 in cash per share.
The investigation concerns whether the Board of EdR breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Greystar is underpaying for EdR shares, thus unlawfully harming EdR shareholders.
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