BALA CYNWYD, Pa.--(BUSINESS WIRE)--Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Macerich Company ("Macerich” or "the Company") (NYSE: MAC) for possible breaches of fiduciary duty and other violations of state law in responding to an acquisition offer by Simon Property Group, Inc. (“Simon”).
Click here to learn more about the investigation http://brodsky-smith.com/907-mac-macerich-company.html, or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the Simon offer, Macerich shareholders would receive $95.50 in cash for each share of Macerich stock they own. This represents an approximately 37% premium to the unaffected price of Macerich shares. Previously the Macerich Board had rejected a Simon offer and adopted a so called poison pill. The investigation concerns whether the Board of Macerich breached their fiduciary duties to stockholders by failing to adequately consider the Simon offer.
If you own shares of Macerich common stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA 19004, by e-mail at email@example.com, by visiting http://brodsky-smith.com/907-mac-macerich-company.html, or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.