We Give Shareholders a Voice
Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Reis, Inc. (NASDAQGS: REIS) to Moody’s Corporation (NYSE: MCO). Under the terms of the transaction, Reis shareholders will receive $23.00 for each share of Reis stock they own.
The Reis merger investigation concerns whether the Board of Reis breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Moody’s Corporation is underpaying for Reis shares, thus unlawfully harming Reis shareholders.
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