ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Urstadt Biddle Properties Inc.

NEW YORK, May 18, 2023 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Urstadt Biddle Properties Inc. (NYSE: UBA and UBP) and its board of directors concerning the proposed acquisition of the company by Regency Centers Corporation (NASDAQ: REG). Stockholders will receive 0.347 shares of Regency Centers common stock for each share of Urstadt Biddle stock that they hold. The transaction is valued at approximately $1.4 billion and is expected to close in the latter half of 2023.

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