NEW YORK, May 10, 2019 /PRNewswire/ -- WeissLaw
LLP is investigating possible breaches of fiduciary duty and
other violations of law by the Board of Directors of Chesapeake
Lodging Trust ("Chesapeake" or the "Company") (NYSE: CHSP). A
proposed acquisition of the Company by Park Hotels & Resorts,
Inc. would result in Chesapeake shareholders receiving $11.00 per share and 0.628 shares of Park Hotels
& Resorts common stock.
If you own Chesapeake shares and wish to
discuss this investigation or have any questions concerning this
notice or your rights or interests, please contact:
Joshua Rubin,
Esq.
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY 10036
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Visit our
website
http://www.weisslawllp.com/
Or follow us on Twitter @MarketsAlert
WeissLaw is investigating whether Chesapeake's Board acted
to maximize shareholder value prior to entering into the agreement,
and whether Chesapeake's shareholders would receive fair value if
the deal is consummated.
Given these facts, WeissLaw is concentrating its investigation
on whether Chesapeake's Board conducted a fair process in agreeing
to the proposed acquisition, whether the proposed merger
undervalues the Company, and whether all material information
related to the proposed merger is fully and fairly
disclosed.
WeissLaw LLP has litigated hundreds of stockholder class and
derivative actions for violations of corporate and fiduciary
duties. We have recovered over a billion dollars for
defrauded clients and obtained important corporate governance
relief in many of these cases. If you have information or
would like legal advice concerning possible corporate wrongdoing
(including insider trading, waste of corporate assets, accounting
fraud, or materially misleading information), consumer fraud
(including false advertising, defective products, or other
deceptive business practices), or anti-trust violations, please
email us at stockinfo@weisslawllp.com.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/shareholder-alert-weisslaw-llp-investigates-chesapeake-lodging-trust-300848307.html
SOURCE WeissLaw LLP