Provided By PR Newswire
Last update: Dec 23, 2021
NEW ORLEANS, Dec. 22, 2021 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Bluerock Residential Growth REIT, Inc. (NYSE: BRG) to affiliates of Blackstone Real Estate. Under the terms of the proposed transaction, shareholders of Bluerock will receive only $24.25 in cash for each share of Bluerock 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.
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