Rouse Properties Inc (NYSE:RSE) Shareholder Alert: Investigation over Acquisition Announced

An investigation on behalf of investors of Rouse Properties Inc (NYSE:RSE) in connection with the proposed takeover was announced and NYSE:RSE stockholders should contact the Shareholders Foundation.

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San Diego, CA -- (SBWire) -- 02/03/2016 --An investigation for shareholders in Rouse Properties Inc (NYSE:RSE, was announced concerning whether the takeover of Rouse Properties Inc. by Brookfield Asset Management Inc. on behalf of a real estate fund managed by Brookfield at $17.00 per share is unfair.

Investors who purchased shares of Rouse Properties Inc (NYSE:RSE) and currently hold any of those NYSE:RSE shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain officers and directors of Rouse Properties Inc breached their fiduciary duties owed to NYSE:RSE investors in connection with the proposed acquisition.

On January 19, 2016, Rouse Properties Inc (NYSE:RSE) announced that on January 16, 2016, the Company's board of directors received a written, unsolicited, non-binding proposal from Brookfield Asset Management Inc. (NYSE: BAM; TSX: BAM.A; Euronext: BAMA), on behalf of a real estate fund managed by Brookfield, to acquire all the outstanding shares of Rouse Properties' common stock, other than those shares currently held by Brookfield Property Partners and its affiliates, together the beneficial owners of approximately 33% of the Company's outstanding common stock, for a purchase price of $17.00 per share in cash, which stated that the proposal is not subject to any financing contingencies and is not subject to any due diligence on the Company.

However, given that at least one analyst has set the high target price for NYSE:RSE shares at $23.00 per share and given that NYSE:RSE shares traded in early 2015 as high as $20.19 per share and rose following the takeover offer in the open market to as high as $17.90 per share on January 22, 2016, the investigation concerns whether the offer is unfair to Rouse Properties Inc (NYSE:RSE stockholders. More specifically, the investigation concerns whether the Rouse Properties Inc (NYSE:RSE 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.

Shares of Rouse Properties Inc (NYSE:RSE) closed on February 1, 2016 at $17.63 per share.

Those who are current investors in Rouse Properties Inc (NYSE:RSE) 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

Media Relations Contact

Michael Daniels
General Manager
Shareholders Foundation
858-779-1554
http://www.ShareholdersFoundation.com

View this press release online at: http://rwire.com/662020