Rowley Law PLLC is investigating potential claims against Chesapeake Lodging Trust (NYSE: CHSP) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Park Hotels & Resorts Inc. (NYSE: PK). Stockholders will receive $11.00 and 0.628 shares of Park Hotels & Resorts common stock for each share of Chesapeake Lodging Trust stock that they hold. The transaction is valued at approximately $2.7 billion and is expected to close in late third or early fourth quarter of 2019.
If you are a stockholder of Chesapeake Lodging Trust and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/chsp. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at info@rowleylawpllc.com, or by telephone at 914-400-1920 or 844-400-4643 (toll-free).
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View source version on businesswire.com: https://www.businesswire.com/news/home/20190626005657/en/
Contacts:
Shane Rowley, Esq., 914-400-1920
844-400-4643 (toll-free)
50 Main Street Suite 1000
White Plains, NY 10606
info@rowleylawpllc.com
