Acquisition of Care Capital Properties Inc (NYSE:CCP) Under Investigation for Investors

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

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San Diego, CA -- (SBWire) -- 05/17/2017 --The takeover of Care Capital Properties Inc is under investigation over potential wrongdoing. The investigation was announced on behalf of investors, who currently hold shares of Care Capital Properties Inc (NYSE:CCP), concerning whether the takeover of Care Capital Properties Inc by Sabra Health Care REIT, Inc for a value of approximately $29.96 per share is unfair.

Investors who purchased shares of Care Capital Properties Inc (NYSE:CCP) and currently hold any of those NYSE:CCP 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 Care Capital Properties Inc breached their fiduciary duties owed to NYSE:CCP investors in connection with the proposed acquisition.

On May 7, 2017, Sabra Health Care REIT, Inc. and Care Capital Properties, Inc. (NYSE:CCP) announced that they have entered into an agreement pursuant to which the two companies will combine in an all-stock merger to create a premier healthcare REIT. Under the terms of the agreement, CCP shareholders will receive 1.123 shares of Sabra common stock for each share of CCP common stock they own. Based on a closing price of $26.68 per NASDAQ:SBRA shares investors in Care Capital Properties Inc (NYSE:CCP) will receive a value of approximately $29.96 per NYSE:CCP share.

However, given that at least one analyst has set the high target price for NYSE:CCP shares at $32.00 per share, the investigation concerns whether the offer is unfair to NYSE:CCP stockholders. More specifically, the investigation concerns whether the Care Capital Properties 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.

On May 16, 2017, NYSE:CCP shares closed at $26.74 per share.

Those who are current investors in Care Capital Properties 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

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/808307