Centerbridge Partners

Radius Global Infrastructure to be Acquired by EQT Active Core Infrastructure and PSP Investments for $15.00 per Share in Cash

Retrieved on: 
Wednesday, March 1, 2023

Radius Global Infrastructure, Inc. (NASDAQ: RADI), (“Radius”), EQT and Public Sector Pension Investment Board (“PSP”) announced today that they have entered into a definitive agreement under which EQT Active Core Infrastructure and PSP will indirectly acquire Radius for $15.00 per share in cash, representing a total enterprise value of approximately $3.0 billion.

Key Points: 
  • Radius Global Infrastructure, Inc. (NASDAQ: RADI), (“Radius”), EQT and Public Sector Pension Investment Board (“PSP”) announced today that they have entered into a definitive agreement under which EQT Active Core Infrastructure and PSP will indirectly acquire Radius for $15.00 per share in cash, representing a total enterprise value of approximately $3.0 billion.
  • Radius is a leading global aggregator of real property interests underlying wireless telecommunications cell sites and other digital infrastructure assets.
  • Upon completion of the transaction, Radius will be a privately held company indirectly wholly owned by EQT Active Core Infrastructure and PSP, as well as Radius management.
  • Morgan Stanley & Co. LLC and Simpson Thacher & Bartlett LLP are serving as financial and legal advisors, respectively, to EQT Active Core Infrastructure.

Moore Kuehn Encourages PTRS, VBLT, INDT, and JNCE Investors to Contact Law Firm

Retrieved on: 
Tuesday, February 28, 2023

Moore Kuehn may seek increased consideration, additional disclosures, or other relief on behalf of the shareholders of these companies:

Key Points: 
  • Moore Kuehn may seek increased consideration, additional disclosures, or other relief on behalf of the shareholders of these companies:
    Partners Bancorp has agreed to merge with LINKBANCORP.
  • Moore Kuehn encourages shareholders who would like to discuss their rights to contact Justin Kuehn, Esq.
  • Shareholders should contact the firm immediately as there may be limited time to enforce your rights.
  • Moore Kuehn is a 5-star Google client-rated New York City law firm with attorneys representing investors and consumers in litigation involving securities laws, fraud, breaches of fiduciary duties, and other claims.

Lifshitz Law PLLC Announces Investigations of JNCE, LNKB, PTRS, and INDT

Retrieved on: 
Sunday, February 26, 2023

Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the merger of JNCE and Redx Pharma.

Key Points: 
  • Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the merger of JNCE and Redx Pharma.
  • Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the merger of LNKB and Partners Bancorp whereby Partners shareholders will receive 1.15 shares of LNKB stock for each Partners share they own.
  • Lifshitz Law PLLC announces investigation into possible breach of fiduciary duties in connection with the sale of PTRS to LINKBANCORP, Inc. for 1.15 shares of LINKBANCORP stock for each PTRS share.
  • The law firm responsible for this advertisement is Lifshitz Law PLLC, 1190 Broadway, Hewlett, New York 11557, Tel: (516)493-9780.

SHAREHOLDER ALERT: The M&A Class Action Firm Continues Investigating the Merger – MAXR, TA, INDT

Retrieved on: 
Friday, February 24, 2023

Under the terms of the agreement, MAXR shareholders are expected to receive $53.00 in cash per share they own.

Key Points: 
  • Under the terms of the agreement, MAXR shareholders are expected to receive $53.00 in cash per share they own.
  • Under the terms of the agreement, TA shareholders are expected to receive $86.00 in cash per share they own.
  • INDUS Realty Trust, Inc. (NASDAQ: INDT ), relating to its proposed sale to affiliates of Centerbridge Partners, L.P. and GIC Real Estate, Inc..
  • Under the terms of the agreement, INDT shareholders are expected to receive $67.00 in cash per share they own.

INDUS REALTY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of INDUS Realty Trust, Inc. - INDT

Retrieved on: 
Friday, February 24, 2023

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of INDUS Realty Trust, Inc. (NasdaqGM: INDT) to affiliates of Centerbridge Partners, L.P. and GIC Real Estate, Inc.

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of INDUS Realty Trust, Inc. (NasdaqGM: INDT) to affiliates of Centerbridge Partners, L.P. and GIC Real Estate, Inc.
  • Under the terms of the proposed transaction, shareholders of INDUS will receive $67.00 in cash for each share of INDUS that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates OSH, INDT, ANGN

Retrieved on: 
Thursday, February 23, 2023

If you are an Oak Street shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are an Oak Street shareholder, click here to learn more about your rights and options .
  • If you are an INDUS shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

INDT Alert: Monsey Firm of Wohl & Fruchter LLP Investigating Sale of INDUS Realty to Centerbridge Partners and GIC Real Estate

Retrieved on: 
Wednesday, February 22, 2023

MONSEY, N.Y., Feb. 22, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating whether the directors of INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS”) acted in the best interests of INDUS shareholders in approving the sale of INDUS to Centerbridge Partners and GIC Real Estate (“GIC”) for $67.00 per share in cash.

Key Points: 
  • MONSEY, N.Y., Feb. 22, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating whether the directors of INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS”) acted in the best interests of INDUS shareholders in approving the sale of INDUS to Centerbridge Partners and GIC Real Estate (“GIC”) for $67.00 per share in cash.
  • On February 22, 2023, INDUS announced that it had agreed to be acquired by Centerbridge Partners and GIC for $67.00 per share in cash.
  • “We are investigating whether the INDUS Board acted in the best interests of INDUS shareholders in approving the sale,” explained Joshua Fruchter, one of the law firm’s name partners.
  • At the time of the article, Centerbridge Partners and GIC had made an opening bid of $65.00 per share in cash, which the author characterized as “low-ball.”

INDT Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of INDUS Realty Trust, Inc. Is Fair to Shareholders

Retrieved on: 
Wednesday, February 22, 2023

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of INDUS Realty Trust, Inc. (NASDAQ: INDT) to affiliates of Centerbridge Partners, L.P. and GIC Real Estate, Inc. for $67.00 per share in cash is fair to INDUS shareholders.

Key Points: 
  • Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of INDUS Realty Trust, Inc. (NASDAQ: INDT) to affiliates of Centerbridge Partners, L.P. and GIC Real Estate, Inc. for $67.00 per share in cash is fair to INDUS shareholders.
  • On behalf of INDUS shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.
  • Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

INDUS Realty Trust to Be Acquired by Centerbridge Partners and GIC Real Estate in a Transaction Valued at $868 Million

Retrieved on: 
Wednesday, February 22, 2023

“After conducting an extensive process to explore the Company’s strategic alternatives, we are pleased to have reached an agreement with Centerbridge and GIC.

Key Points: 
  • “After conducting an extensive process to explore the Company’s strategic alternatives, we are pleased to have reached an agreement with Centerbridge and GIC.
  • The closing of the transaction is not contingent on the receipt of financing by Centerbridge and GIC.
  • Subject to and upon completion of the transaction, INDUS’ common stock will no longer be listed on Nasdaq and INDUS will become a privately held company.
  • Simpson Thacher & Bartlett LLP is serving as legal counsel to Centerbridge and Skadden, Arps, Slate, Meagher & Flom LLP is serving as legal counsel to GIC.

Ares Management Corporation Announces U.S. Direct Lending Origination Activity for Fourth Quarter and Last Twelve Months 2022

Retrieved on: 
Thursday, February 9, 2023

Ares Management Corporation announced today that funds managed by its Credit Group (collectively “Ares”) closed approximately $8.3 billion in U.S. direct lending commitments across 50 transactions during the fourth quarter of 2022 and approximately $26.4 billion in direct lending commitments across 208 transactions in the last twelve-month period ended December 31, 2022.

Key Points: 
  • Ares Management Corporation announced today that funds managed by its Credit Group (collectively “Ares”) closed approximately $8.3 billion in U.S. direct lending commitments across 50 transactions during the fourth quarter of 2022 and approximately $26.4 billion in direct lending commitments across 208 transactions in the last twelve-month period ended December 31, 2022.
  • Below is a description of selected transactions that Ares closed during the fourth quarter.
  • Ares served as the joint lead arranger and joint bookrunner for a senior secured credit facility to support Vista Equity Partners’ acquisition of Avalara.
  • Ares served as joint lead arranger for a senior secured credit facility to support Permira Advisors and Hellman & Friedman’s acquisition of Zendesk.