We Give Shareholders a Voice
Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Quality Care Properties, Inc. to affiliates of Welltower, Inc. (NYSE: WELL). Under the terms of the transaction, Quality Care shareholders will receive $20.75 in cash for each share of Quality Care stock they own.
The investigation concerns whether the Board of Quality Care Properties, Inc. breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Welltower, Inc. is underpaying for Quality Care Properties, Inc. shares, thus unlawfully harming Quality Care Properties, Inc. shareholders.
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