Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Associated Estates Realty Corporation Stockholders

NEW YORK--(BUSINESS WIRE)--Kirby McInerney LLP is investigating potential claims against the Board of Directors of Associated Estates Realty Corporation (“Associated Estates” or the “Company”) (NYSE:AEC) concerning the proposed acquisition of the Company by a real estate fund managed by Brookfield Asset Management. Under the terms of the definitive merger agreement, Associated Estates stockholders will receive $28.75 in cash for each share of Associated Estates common stock they own, valuing the transaction at approximately $2.5 billion, including the assumption of debt.