We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of CoreSite Realty Corporation (“CoreSite” or the “Company”) (NYSE: COR) in connection with the proposed acquisition of the Company by American Tower Corporation (“American Tower”) (NYSE: AMT) via a tender offer. Under the terms of the acquisition agreement, the Company’s shareholders will receive $170.00 per share in cash for each share of CoreSite common stock that they hold. The transaction is valued at approximately $10.1 billion.
WeissLaw LLP is investigating whether: (i) CoreSite’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the per-share offer price adequately compensates CoreSite’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.