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NEW YORK, July 19, 2021 /PRNewswire/ — WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Retail Properties of America, Inc. (“RPAI” or the “Company”) (NYSE: RPAI) in connection with the Company’s proposed merger with Kite Realty Group Trust (“Kite Realty”) (NYSE: KRG). Under the terms of the merger agreement, RPAI shareholders will receive 0.6230 shares of Kite Realty stock for each RPAI share they own, representing implied per-share merger consideration of approximately $12.98 based upon Kite Realty’s July 16, 2021 closing price of $20.83.
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