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BALA CYNWYD, Pa.--([ BUSINESS WIRE ])--Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Cogdell Spencer, Inc. (aCogdella or the aCompanya) (NYSE: CSA) relating to the proposed acquisition by Ventas, Inc. (aVentasa).

Under the terms of the transaction, Cogdell shareholders would receive $4.25 in cash for each share of Cogdell stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Cogdell for not acting in the Companyas shareholders' best interests in connection with the sale process to Ventas. The transaction may undervalue Cogdell as Cogdell stock traded at $8.35 on April 23, 2010 and traded at $6.71 as recently as March 3, 2011. In addition, an analyst has set a price target of $6.00 per share for Cogdell stock.

If you own shares of Cogdell stock and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at [ investorrelations@brodsky-smith.com ], visiting [ http://brodsky-smith.com/376-csa-cogdell-spencer-inc.html ], or by calling toll free 877-LEGAL-90.