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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Front Yard Residential Corporation (“Front Yard” or the “Company”) (NYSE: RESI) to Ares Management Corporation (“Ares”) (NYSE: ARES). Under the terms of the deal, Front Yard stockholders will receive $13.50 in cash per share.
The Front Yard merger investigation concerns whether the Board of Front Yard has harmed stockholders by agreeing to enter into this transaction and whether all material facts have been properly disclosed to stockholders.
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