Associated Estates Realty Corp (AEC) 28.45 $AEC
SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Associated Estates Realty Corporation
Business Wire - Fri Apr 24, 3:18PM CDT
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Associated Estates Realty Corporation ("AEC" or "the Company"
(NYSE: AEC) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Brookfield Asset Management Inc. ("Brookfield".
AEC: 28.45 (+0.04), BAM: 55.58 (+0.03)
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Associated Estates Realty Corporation of Commencement of an Investigation Regarding the Fairness of the Sale of the Company
Business Wire - Fri Apr 24, 2:34PM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
BAM: 55.58 (+0.03), AEC: 28.45 (+0.04)
SHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Associated Estates Realty Corp. And Encourages Investors To Contact The Firm For Additional Information
Business Wire - Fri Apr 24, 12:49PM CDT
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Associated Estates Realty Corp. ("Associated Estates Realty" or the "Company" (NYSE: AEC) relating to the proposed buyout of the Company by Brookfield Asset Management Inc.
AEC: 28.45 (+0.04)
ASSOCIATED ESTATES REALTY CORP. INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Associated Estates Realty Corp. Over the Proposed Sale of the Company to Brookfield Asset Management, Inc. - AEC
Business Wire - Fri Apr 24, 10:34AM CDT
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Associated Estates Realty Corp. ("Associated Estates Realty" or the "Company" (NSYE:AEC) for potential breaches of fiduciary duties in connection with the sale of the Company to Brookfield Asset Management Inc. ("Brookfield" (NYSE:BAM) for approximately $2.5 billion in a cash transaction. The Company's stockholders will receive $28.75 for each share of Associated Estates Realty common stock they own.
BAM: 55.58 (+0.03), AEC: 28.45 (+0.04)
ASSOCIATED ESTATES REALTY CORPORATION SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
Business Wire - Thu Apr 23, 5:13PM CDT
Rigrodsky & Long, P.A.:
AEC: 28.45 (+0.04)
NYSE stocks posting largest volume increases
AP - Thu Apr 23, 5:05PM CDT
NEW YORK (AP) — A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:
AEC: 28.45 (+0.04), VSI: 42.98 (-0.15), DLB: 40.61 (-0.65), OCR: 86.11 (-0.20), SAR: 16.45 (-0.04), SKX: 89.66 (+2.79), TRMR: 2.88 (-0.04), CMG: 637.50 (+1.90), DPZ: 113.96 (+4.73), ADPT: 63.78 (+2.13), PKG: 70.00 (-0.04)
NYSE stocks posting largest percentage increases
AP - Thu Apr 23, 5:05PM CDT
NEW YORK (AP) — A look at the 10 biggest percentage gainers on New York Stock Exchange at the close of trading:
AEC: 28.45 (+0.04), CCJ: 17.30 (+0.03), DLNG: 19.93 (+0.13), SJT: 11.30 (-0.34), CLV: 5.91 (+0.43), CCO.TO: 21.04 (+0.03), SKX: 89.66 (+2.79), CLF: 6.03 (+0.47), VOC: 6.20 (-0.18), ADPT: 63.78 (+2.13), CLB: 124.69 (-0.63), VSI: 42.98 (-0.15), DLB: 40.61 (-0.65), DPZ: 113.96 (+4.73), FTI: 40.01 (-1.41)
Fitch Places Associated Estates' 'BBB-' IDR on Neg. Watch on Brookfield Fund Merger Announcement
Business Wire - Thu Apr 23, 3:48PM CDT
Fitch Ratings has placed the 'BBB-' Issuer Default Rating (IDR) of Associated Estates Realty Corporation (NYSE: AEC, the company) on Rating Watch Negative following the announcement that the company's Board of Directors approved a definitive merger agreement under which a real estate fund managed by Brookfield Asset Management (NYSE/TSX: BAM; Brookfield; IDR of 'BBB-' with a Stable Outlook) will acquire all outstanding shares of common stock of Associated Estates for $28.75 per share in cash.
BAM: 55.58 (+0.03), AEC: 28.45 (+0.04)
INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Associated Estates Realty Corporation of Commencement of an Investigation Concerning the Fairness of the Sale of the Company -- AEC
PR Newswire - Thu Apr 23, 12:44PM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
BAM: 55.58 (+0.03), AEC: 28.45 (+0.04)
Associated Estates Realty Up 10.8% Since SmarTrend Uptrend Call (AEC)
Comtex SmarTrend(R) - Thu Apr 23, 11:35AM CDT
SmarTrend identified an Uptrend for Associated Estates Realty (NYSE:AEC) on March 20th, 2015 at $25.67. In approximately 1 month, Associated Estates Realty has returned 10.81% as of today's recent price of $28.44.
AEC: 28.45 (+0.04)
ASSOCIATED ESTATES REALTY CORPORATION SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Sale to Brookfield Asset Management
Business Wire - Thu Apr 23, 10:33AM CDT
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of Associated Estates Realty Corporation ("Associated Estates" (NYSE: AEC) concerning the sale to a real estate fund managed by Brookfield Asset Management. Under the terms of the agreement, Associated Estates shareholders will only receive $28.75 in cash for each share owned, which is virtually no premium over the closing price before the deal was announced.
AEC: 28.45 (+0.04), BAM: 55.58 (+0.03)
Downgrade Alert for Associated Estates Realty (AEC)
Comtex SmarTrend(R) - Thu Apr 23, 7:04AM CDT
Associated Estates Realty (NYSE:AEC) was downgraded from Outperform to Market Perform at Wells Fargo today. The stock closed yesterday at $28.49 on volume of 14.5 million shares, above average daily volume of 539,000. Over the past year, Associated Estates Realty has traded in a range of $16.63 to $28.54 and closed yesterday at $28.49, 71% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has remained constant.
AEC: 28.45 (+0.04)
Wall Street Breakfast: Where's The Value These Days?
Wall Street Breakfast - at Seeking Alpha - Thu Apr 23, 5:27AM CDT
CXO: 125.84 (-0.64), PZN: 9.25 (+0.05), OCR: 86.11 (-0.20), BTG: 1.55 (-0.03), HL: 3.04 (-0.06), AUQ: 3.43 (-0.11), SKX: 89.66 (+2.79), CNQ: 33.62 (-0.01), INTC: 32.08 (-0.27), GOOG: 565.06 (+18.06), RRC: 61.36 (-0.58), NOK: 7.76 (-0.09), UUUU: 5.30 (-0.12), PBR: 9.99 (+0.59), URRE: 1.41 (-0.05), KGC: 2.30 (-0.01), GSM: 21.17 (+0.17), DNN: 0.95 (-0.02), SLW: 19.16 (-0.19), EOG: 96.72 (-1.55), TMUS: 34.31 (-0.13), SIRI: 3.96 (+0.03), MA: 90.72 (-0.16), AEC: 28.45 (+0.04), HAR: 145.10 (-1.39), GOLD: 74.55 (-1.54), FB: 81.53 (-0.88), NCR: 28.88 (-1.01), AU: 10.65 (-0.47), IAG: 2.12 (-0.03), MCP: 0.99 (+0.15), BA: 148.40 (-1.47), AVL: 0.30 (+0.01), IWB: 118.66 (+0.17), NG: 3.58 (-0.04), NFX: 38.76 (+0.72), PXD: 174.10 (-1.06), OSN: 0.70 (-0.03), TXN: 54.73 (+0.01), FNV: 49.24 (-1.07), PAAS: 9.18 (-0.15), MCD: 98.74 (+1.74), RGLD: 62.30 (-1.76), MRO: 30.33 (-0.22), AUY: 3.83 (-0.10), NVS: 104.28 (-1.22), KMI: 44.34 (-0.23), DHI: 26.57 (+0.42), CCJ: 17.30 (+0.03), CLR: 51.35 (-1.25), GFI: 4.10 (-0.19), LVS: 55.25 (+0.13), REMX: 27.59 (+0.33), URZ: 1.25 (-0.04), SU: 33.06 (+0.08), T: 34.01 (-0.22), UEC: 2.31 (-0.09), ECA: 14.00 (-0.04), XLP: 49.19 (+0.01), GMO: 0.80 (-0.04), V: 67.48 (-0.24), EBAY: 59.20 (+0.31), EGO: 4.70 (-0.20), S: 5.27 (+0.03), BHP: 51.04 (+1.82), TRN: 28.70 (-4.66), QCOM: 68.24 (-0.10), ANGI: 6.16 (-0.24), URG: 1.04 (+0.01), GOOGL: 573.66 (+16.20), EMC: 26.50 (-0.09), TWC: 155.26 (+6.50), AGI: 6.71 (-0.11), XLF: 24.28 (-0.04), AAPL: 130.28 (+0.61), REE: 0.76 (-0.03), APC: 92.65 (-0.81), KO: 40.89 (-0.06), BAM: 55.58 (+0.03), AMZN: 445.10 (+55.11), ABT: 48.32 (-0.14), ABX: 12.52 (-0.12), NEM: 24.98 (+1.53), DB: 34.26 (+0.11), ASML: 107.16 (-1.53), XLV: 74.39 (-0.24), VSI: 42.98 (-0.15), BIDU: 216.90 (+4.62), ARRS: 35.76 (-1.54), LEU: 5.22 (+0.58), CMCSA: 59.64 (+0.41), SBGL: 8.64 (-0.72), GG: 19.01 (-0.51), BABA: 84.57 (+2.29)
SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Associated Estates Realty Corporation - AEC
PR Newswire - Wed Apr 22, 9:10PM CDT
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Associated Estates Realty Corporation ("AEC" or "the Company" (NYSE-AEC-News) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Brookfield Asset Management Inc. ("Brookfield".
BAM: 55.58 (+0.03), AEC: 28.45 (+0.04)
EQUITY ALERT: The Rosen Law Firm Announces Investigation of Associated Estates Realty Corporation Concerning its Proposed Sale to Brookfield Asset Management Inc.
Business Wire - Wed Apr 22, 6:25PM CDT
The Rosen Law Firm, a global investor rights law firm, announces that it is investigating the Board of Directors of Associated Estates Realty Corporation (NYSE:AEC) for possible breaches of fiduciary duty and other violations of law by failing to adequately shop Associated Estates Realty to maximize shareholder value before agreeing to be acquired by Brookfield Asset Management Inc. (NYSE:BAM).
BAM: 55.58 (+0.03), AEC: 28.45 (+0.04)
Associated Estates sells itself
at Investor's Business Daily - Wed Apr 22, 5:22PM CDT
The REIT rocketed 16.4% to 28.49 on news that it had agreed to be acquired by a real estate fund managed by Brookfield Asset Management (BAM) for 28.75 a share in cash. The deal, worth $2.5 bil including the assumption of debt, is seen closing in the...
AEC: 28.45 (+0.04), BAM: 55.58 (+0.03)
Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Associated Estates Realty Corporation Stockholders
Business Wire - Wed Apr 22, 5:18PM CDT
Kirby McInerney LLP is investigating potential claims against the Board of Directors of Associated Estates Realty Corporation ("Associated Estates" or the "Company" (NYSE:AEC) concerning the proposed acquisition of the Company by a real estate fund managed by Brookfield Asset Management. Under the terms of the definitive merger agreement, Associated Estates stockholders will receive $28.75 in cash for each share of Associated Estates common stock they own, valuing the transaction at approximately $2.5 billion, including the assumption of debt.
AEC: 28.45 (+0.04)
Associated Estates Realty Rises 16.38% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Wed Apr 22, 4:14PM CDT
Associated Estates Realty (NYSE:AEC) traded in a range yesterday that spanned from a low of $28.43 to a high of $28.54. Yesterday, the shares gained 16.4%, which took the trading range above the 3-day high of $24.53 on volume of 14.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
AEC: 28.45 (+0.04)
Robbins Arroyo LLP: Acquisition of Associated Estates Realty Corporation (AEC) by Brookfield Asset Management Inc. (BAM) May Not Be in Shareholders' Best Interests
PR Newswire - Wed Apr 22, 3:45PM CDT
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of Associated Estates Realty Corporation (NYSE: AEC) by Brookfield Asset Management (NYSE: BAM). On April 22, 2015, the two companies announced the signing of a definitive merger agreement pursuant to which Brookfield will acquire Associated Estates. Under the terms of the agreement, Associated Estates shareholders will receive $28.75 for each share of Associated Estates common stock.
BAM: 55.58 (+0.03), AEC: 28.45 (+0.04)
SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Associated Estates Realty Corporation
Business Wire - Fri Apr 24, 3:18PM CDT
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Associated Estates Realty Corporation ("AEC" or "the Company"
(NYSE: AEC) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Brookfield Asset Management Inc. ("Brookfield". AEC: 28.45 (+0.04), BAM: 55.58 (+0.03)
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Associated Estates Realty Corporation of Commencement of an Investigation Regarding the Fairness of the Sale of the Company
Business Wire - Fri Apr 24, 2:34PM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
BAM: 55.58 (+0.03), AEC: 28.45 (+0.04)
SHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Associated Estates Realty Corp. And Encourages Investors To Contact The Firm For Additional Information
Business Wire - Fri Apr 24, 12:49PM CDT
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Associated Estates Realty Corp. ("Associated Estates Realty" or the "Company"
(NYSE: AEC) relating to the proposed buyout of the Company by Brookfield Asset Management Inc. AEC: 28.45 (+0.04)
ASSOCIATED ESTATES REALTY CORP. INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Associated Estates Realty Corp. Over the Proposed Sale of the Company to Brookfield Asset Management, Inc. - AEC
Business Wire - Fri Apr 24, 10:34AM CDT
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Associated Estates Realty Corp. ("Associated Estates Realty" or the "Company"
(NSYE:AEC) for potential breaches of fiduciary duties in connection with the sale of the Company to Brookfield Asset Management Inc. ("Brookfield" (NYSE:BAM) for approximately $2.5 billion in a cash transaction. The Company's stockholders will receive $28.75 for each share of Associated Estates Realty common stock they own. BAM: 55.58 (+0.03), AEC: 28.45 (+0.04)
ASSOCIATED ESTATES REALTY CORPORATION SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
Business Wire - Thu Apr 23, 5:13PM CDT
Rigrodsky & Long, P.A.:
AEC: 28.45 (+0.04)
NYSE stocks posting largest volume increases
AP - Thu Apr 23, 5:05PM CDT
NEW YORK (AP) — A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:
AEC: 28.45 (+0.04), VSI: 42.98 (-0.15), DLB: 40.61 (-0.65), OCR: 86.11 (-0.20), SAR: 16.45 (-0.04), SKX: 89.66 (+2.79), TRMR: 2.88 (-0.04), CMG: 637.50 (+1.90), DPZ: 113.96 (+4.73), ADPT: 63.78 (+2.13), PKG: 70.00 (-0.04)
NYSE stocks posting largest percentage increases
AP - Thu Apr 23, 5:05PM CDT
NEW YORK (AP) — A look at the 10 biggest percentage gainers on New York Stock Exchange at the close of trading:
AEC: 28.45 (+0.04), CCJ: 17.30 (+0.03), DLNG: 19.93 (+0.13), SJT: 11.30 (-0.34), CLV: 5.91 (+0.43), CCO.TO: 21.04 (+0.03), SKX: 89.66 (+2.79), CLF: 6.03 (+0.47), VOC: 6.20 (-0.18), ADPT: 63.78 (+2.13), CLB: 124.69 (-0.63), VSI: 42.98 (-0.15), DLB: 40.61 (-0.65), DPZ: 113.96 (+4.73), FTI: 40.01 (-1.41)
Fitch Places Associated Estates' 'BBB-' IDR on Neg. Watch on Brookfield Fund Merger Announcement
Business Wire - Thu Apr 23, 3:48PM CDT
Fitch Ratings has placed the 'BBB-' Issuer Default Rating (IDR) of Associated Estates Realty Corporation (NYSE: AEC, the company) on Rating Watch Negative following the announcement that the company's Board of Directors approved a definitive merger agreement under which a real estate fund managed by Brookfield Asset Management (NYSE/TSX: BAM; Brookfield; IDR of 'BBB-' with a Stable Outlook) will acquire all outstanding shares of common stock of Associated Estates for $28.75 per share in cash.
BAM: 55.58 (+0.03), AEC: 28.45 (+0.04)
INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Associated Estates Realty Corporation of Commencement of an Investigation Concerning the Fairness of the Sale of the Company -- AEC
PR Newswire - Thu Apr 23, 12:44PM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
BAM: 55.58 (+0.03), AEC: 28.45 (+0.04)
Associated Estates Realty Up 10.8% Since SmarTrend Uptrend Call (AEC)
Comtex SmarTrend(R) - Thu Apr 23, 11:35AM CDT
SmarTrend identified an Uptrend for Associated Estates Realty (NYSE:AEC) on March 20th, 2015 at $25.67. In approximately 1 month, Associated Estates Realty has returned 10.81% as of today's recent price of $28.44.
AEC: 28.45 (+0.04)
ASSOCIATED ESTATES REALTY CORPORATION SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Sale to Brookfield Asset Management
Business Wire - Thu Apr 23, 10:33AM CDT
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of Associated Estates Realty Corporation ("Associated Estates"
(NYSE: AEC) concerning the sale to a real estate fund managed by Brookfield Asset Management. Under the terms of the agreement, Associated Estates shareholders will only receive $28.75 in cash for each share owned, which is virtually no premium over the closing price before the deal was announced. AEC: 28.45 (+0.04), BAM: 55.58 (+0.03)
Downgrade Alert for Associated Estates Realty (AEC)
Comtex SmarTrend(R) - Thu Apr 23, 7:04AM CDT
Associated Estates Realty (NYSE:AEC) was downgraded from Outperform to Market Perform at Wells Fargo today. The stock closed yesterday at $28.49 on volume of 14.5 million shares, above average daily volume of 539,000. Over the past year, Associated Estates Realty has traded in a range of $16.63 to $28.54 and closed yesterday at $28.49, 71% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has remained constant.
AEC: 28.45 (+0.04)
Wall Street Breakfast: Where's The Value These Days?
Wall Street Breakfast - at Seeking Alpha - Thu Apr 23, 5:27AM CDT
CXO: 125.84 (-0.64), PZN: 9.25 (+0.05), OCR: 86.11 (-0.20), BTG: 1.55 (-0.03), HL: 3.04 (-0.06), AUQ: 3.43 (-0.11), SKX: 89.66 (+2.79), CNQ: 33.62 (-0.01), INTC: 32.08 (-0.27), GOOG: 565.06 (+18.06), RRC: 61.36 (-0.58), NOK: 7.76 (-0.09), UUUU: 5.30 (-0.12), PBR: 9.99 (+0.59), URRE: 1.41 (-0.05), KGC: 2.30 (-0.01), GSM: 21.17 (+0.17), DNN: 0.95 (-0.02), SLW: 19.16 (-0.19), EOG: 96.72 (-1.55), TMUS: 34.31 (-0.13), SIRI: 3.96 (+0.03), MA: 90.72 (-0.16), AEC: 28.45 (+0.04), HAR: 145.10 (-1.39), GOLD: 74.55 (-1.54), FB: 81.53 (-0.88), NCR: 28.88 (-1.01), AU: 10.65 (-0.47), IAG: 2.12 (-0.03), MCP: 0.99 (+0.15), BA: 148.40 (-1.47), AVL: 0.30 (+0.01), IWB: 118.66 (+0.17), NG: 3.58 (-0.04), NFX: 38.76 (+0.72), PXD: 174.10 (-1.06), OSN: 0.70 (-0.03), TXN: 54.73 (+0.01), FNV: 49.24 (-1.07), PAAS: 9.18 (-0.15), MCD: 98.74 (+1.74), RGLD: 62.30 (-1.76), MRO: 30.33 (-0.22), AUY: 3.83 (-0.10), NVS: 104.28 (-1.22), KMI: 44.34 (-0.23), DHI: 26.57 (+0.42), CCJ: 17.30 (+0.03), CLR: 51.35 (-1.25), GFI: 4.10 (-0.19), LVS: 55.25 (+0.13), REMX: 27.59 (+0.33), URZ: 1.25 (-0.04), SU: 33.06 (+0.08), T: 34.01 (-0.22), UEC: 2.31 (-0.09), ECA: 14.00 (-0.04), XLP: 49.19 (+0.01), GMO: 0.80 (-0.04), V: 67.48 (-0.24), EBAY: 59.20 (+0.31), EGO: 4.70 (-0.20), S: 5.27 (+0.03), BHP: 51.04 (+1.82), TRN: 28.70 (-4.66), QCOM: 68.24 (-0.10), ANGI: 6.16 (-0.24), URG: 1.04 (+0.01), GOOGL: 573.66 (+16.20), EMC: 26.50 (-0.09), TWC: 155.26 (+6.50), AGI: 6.71 (-0.11), XLF: 24.28 (-0.04), AAPL: 130.28 (+0.61), REE: 0.76 (-0.03), APC: 92.65 (-0.81), KO: 40.89 (-0.06), BAM: 55.58 (+0.03), AMZN: 445.10 (+55.11), ABT: 48.32 (-0.14), ABX: 12.52 (-0.12), NEM: 24.98 (+1.53), DB: 34.26 (+0.11), ASML: 107.16 (-1.53), XLV: 74.39 (-0.24), VSI: 42.98 (-0.15), BIDU: 216.90 (+4.62), ARRS: 35.76 (-1.54), LEU: 5.22 (+0.58), CMCSA: 59.64 (+0.41), SBGL: 8.64 (-0.72), GG: 19.01 (-0.51), BABA: 84.57 (+2.29)
SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Associated Estates Realty Corporation - AEC
PR Newswire - Wed Apr 22, 9:10PM CDT
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Associated Estates Realty Corporation ("AEC" or "the Company"
(NYSE-AEC-News) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Brookfield Asset Management Inc. ("Brookfield". BAM: 55.58 (+0.03), AEC: 28.45 (+0.04)
EQUITY ALERT: The Rosen Law Firm Announces Investigation of Associated Estates Realty Corporation Concerning its Proposed Sale to Brookfield Asset Management Inc.
Business Wire - Wed Apr 22, 6:25PM CDT
The Rosen Law Firm, a global investor rights law firm, announces that it is investigating the Board of Directors of Associated Estates Realty Corporation (NYSE:AEC) for possible breaches of fiduciary duty and other violations of law by failing to adequately shop Associated Estates Realty to maximize shareholder value before agreeing to be acquired by Brookfield Asset Management Inc. (NYSE:BAM).
BAM: 55.58 (+0.03), AEC: 28.45 (+0.04)
Associated Estates sells itself
at Investor's Business Daily - Wed Apr 22, 5:22PM CDT
The REIT rocketed 16.4% to 28.49 on news that it had agreed to be acquired by a real estate fund managed by Brookfield Asset Management (BAM) for 28.75 a share in cash. The deal, worth $2.5 bil including the assumption of debt, is seen closing in the...
AEC: 28.45 (+0.04), BAM: 55.58 (+0.03)
Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Associated Estates Realty Corporation Stockholders
Business Wire - Wed Apr 22, 5:18PM CDT
Kirby McInerney LLP is investigating potential claims against the Board of Directors of Associated Estates Realty Corporation ("Associated Estates" or the "Company"
(NYSE:AEC) concerning the proposed acquisition of the Company by a real estate fund managed by Brookfield Asset Management. Under the terms of the definitive merger agreement, Associated Estates stockholders will receive $28.75 in cash for each share of Associated Estates common stock they own, valuing the transaction at approximately $2.5 billion, including the assumption of debt. AEC: 28.45 (+0.04)
Associated Estates Realty Rises 16.38% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Wed Apr 22, 4:14PM CDT
Associated Estates Realty (NYSE:AEC) traded in a range yesterday that spanned from a low of $28.43 to a high of $28.54. Yesterday, the shares gained 16.4%, which took the trading range above the 3-day high of $24.53 on volume of 14.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
AEC: 28.45 (+0.04)
Robbins Arroyo LLP: Acquisition of Associated Estates Realty Corporation (AEC) by Brookfield Asset Management Inc. (BAM) May Not Be in Shareholders' Best Interests
PR Newswire - Wed Apr 22, 3:45PM CDT
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of Associated Estates Realty Corporation (NYSE: AEC) by Brookfield Asset Management (NYSE: BAM). On April 22, 2015, the two companies announced the signing of a definitive merger agreement pursuant to which Brookfield will acquire Associated Estates. Under the terms of the agreement, Associated Estates shareholders will receive $28.75 for each share of Associated Estates common stock.
BAM: 55.58 (+0.03), AEC: 28.45 (+0.04)
