NEW YORK, Feb. 28, 2017 /PRNewswire/ -- Harwood Feffer
LLP (www.hfesq.com) is investigating potential claims against the
board of directors of Silver Bay Realty Trust Corp. ("Silver Bay" or the "Company") (NYSE: SBY)
concerning the proposed acquisition of the Company by Tricon
Capital Group Inc. ("Tricon").
Under the terms of the offer, Tricon would acquire Silver Bay in a transaction worth
approximately $1.4 billion.
Pursuant to the terms of the transaction, Silver Bay shareholders would receive
$21.50 per share in cash.
Our investigation concerns whether the Silver Bay board of directors is fulfilling
its fiduciary duties, maximizing the value of the Company,
disclosing all material benefits and costs, and obtaining full and
fair consideration for Company stockholders.
If you own Silver Bay shares
and wish to discuss this matter with us, or have any questions
concerning your rights and interests with regard to this matter,
please contact:
Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212) 935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been
representing individual and institutional investors for many years,
serving as lead counsel in numerous cases in federal and state
courts. Please visit the Harwood Feffer LLP website
(http://www.hfesq.com) for more information about the
firm.
Attorney Advertising. The law firm responsible for this
advertisement is Harwood Feffer LLP (www.hfesq.com). Prior
results do not guarantee or predict a similar outcome with respect
to any future matter.
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SOURCE Harwood Feffer LLP