Shareholders Foundation, Inc.

American Realty Capital Healthcare Trust, Inc. (NASDAQ:HCT) Investor Alert: Lawsuit Filed to Halt the Takeover by Ventas, Inc

A lawsuit was filed by an investor in shares of American Realty Capital Healthcare Trust, Inc. (NASDAQ:HCT) in effort to stop the proposed takeover and NASDAQ:HCT stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 06/18/2014 -- An investor, who currently holds shares of American Realty Capital Healthcare Trust, Inc. (NASDAQ:HCT) filed a lawsuit in effort to halt the takeover of American Realty Capital Healthcare Trust, Inc. by Ventas, Inc.

Investors who purchased shares of American Realty Capital Healthcare Trust, Inc. (NASDAQ:HCT) and currently hold any of those NASDAQ:HCT shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff alleges that the defendants breached their fiduciary duties owed to NASDAQ:HCT stockholders by agreeing to sell American Realty Capital Healthcare Trust too cheaply via an unfair process to Ventas, Inc.

On June 2, 2014, Ventas, Inc. (NYSE: VTR) and American Realty Capital Healthcare Trust, Inc. (NASDAQ: HCT) announced that the Boards of Directors of both companies have approved an agreement under which Ventas will acquire all of the outstanding shares of American Realty Capital Healthcare Trust, Inc. in a stock and cash transaction valued at $2.6 billion, or $11.33 per American Realty Capital Healthcare Trust, Inc. share.

However, the plaintiff claims that the offer is too low and undervalues American Realty Capital Healthcare Trust, Inc. In addition, the plaintiff claims that the process is also unfair to NASDAQ:HCT stockholders.

On June 16, 2014, American Realty Capital Healthcare Trust, Inc. (NASDAQ:HCT) shares closed at $10.70 per share.

Those who are current investors in American Realty Capital Healthcare Trust, Inc. (NASDAQ:HCT) shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Joelle Day
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com