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The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of Fiduciary Duty by the Board of Spirit

The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible
  Breaches of Fiduciary Duty by the Board of Spirit Realty Capital, Inc. in
   Connection with the Sale of the Company to Cole Credit Property Trust II

PR Newswire

NEW YORK, Jan. 30, 2013

NEW YORK, Jan. 30, 2013 /PRNewswire/ --Levi & Korsinsky is investigating the
Board of Directors of Spirit Realty Capital, Inc. ("Spirit Realty" or the
"Company") (NYSE: SRC) for possible breaches of fiduciary duty and other
violations of state law against the board of directors of the Company in
connection with the sale of the Company to Cole Credit Property Trust II
("CCPT II").

(Logo: http://photos.prnewswire.com/prnh/20120409/MM84375LOGO )

Click here to learn how to join the action:
http://zlk.9nl.com/spirit-realty-capital-src/, or call: 877-363-5972. There is
no cost or obligation to you.

Under the terms of the transaction, Spirit Realty shareholders will receive a
fixed exchange ratio of 1.9048 CCPT II shares for each share of Spirit Realty
common stock owned. The transaction has a total pro forma enterprise value of
approximately $7.1 billion. Following the close, CCPT II shareholders are
expected to own approximately 56% and Spirit Realty shareholders approximately
44% of the common shares of the combined REIT. Spirit Realty's largest
shareholders, Macquarie Capital and TPG-Axon, who together own approximately
15% of Spirit Realty, have executed agreements that state their intention to
vote in favor of the transaction. The investigation concerns whether the
Spirit Realty Board of Directors breached their fiduciary duties to its
stockholders by entering into this transaction.

If you own common stock in Spirit Realty and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or
http://zlk.9nl.com/spirit-realty-capital-src/.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, and
Washington D.C. The firm has extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors throughout the
nation in securities and shareholder lawsuits. For more information, please
feel free to contact any of the attorneys listed below. Attorney advertising.
Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com

SOURCE Levi & Korsinsky, LLP

Website: http://www.zlk.com