Shareholders Foundation, Inc.

Investigation for Investors in Shares of NorthStar Asset Management Group Inc (NYSE:NSAM) over Merger Announced

An investigation for investors of NorthStar Asset Management Group Inc in connection with the proposed takeover was announced and NYSE:NSAM stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 10/12/2016 -- An investigation on behalf of investors, who currently hold shares of NorthStar Asset Management Group Inc (NYSE:NSAM), was announced concerning whether the merger of NorthStar Asset Management Group Inc, Colony Capital, Inc. (NYSE: CLNY) and NorthStar Realty Finance Corp is unfair to NYSE:NSAM stockholders.

Investors who purchased shares of NorthStar Asset Management Group Inc (NYSE:NSAM) and currently hold any of those NYSE:NSAM shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm concerns whether certain officers and directors of NorthStar Asset Management Group Inc breached their fiduciary duties owed to NYSE:NSAM investors in connection with the proposed acquisition.

On June 3, 2016, NorthStar Asset Management Group Inc. (NYSE: NSAM), Colony Capital, Inc. (NYSE: CLNY) and NorthStar Realty Finance Corp. (NYSE: NRF) announced that they have entered into a merger agreement under which the companies will combine in an all-stock merger of equals transaction.

However, given that NYSE:NSAM shares traded in early 2015 as high as almost $25 per share, the investigation concerns whether the merger agreement is opportunistic and detrimental to NYSE:NSAM investors. More specifically, the investigation concerns whether the NorthStar Asset Management Group Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

Those who are current investors in NorthStar Asset Management Group Inc shares have certain options and should contact the Shareholders Foundation.

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