SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Investigation of Thomas Properties Group, Inc.
September 23 2013 - 12:22PM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Thomas
Properties Group, Inc. (“TPGI” or the “Company”) (NYSE: TPGI)
relating to the proposed acquisition by Parkway Properties, Inc.
(“Parkway”).
Click here to learn more about the investigation
http://brodsky-smith.com/638-tpgi-thomas-properties-group-inc.html,
or call 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, TPGI shareholders will
receive only 0.3822 shares of Parkway stock for each share of TPGI
stock they own. The transaction values TPGI stock at approximately
$6.26 per share. The investigation concerns possible breaches of
fiduciary duty and other violations of state law by the Board of
Directors of TPGI for not acting in the Company’s shareholders'
best interests in connection with the sale process. The transaction
may undervalue the Company as an analyst has set a price target of
$7.00 per share for TPGI stock. In addition, following the merger
the President and CEO of TPGI will become Chairman of Parkway’s
Board of Directors.
If you own shares of TPGI common 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, by visiting
http://brodsky-smith.com/638-tpgi-thomas-properties-group-inc.html,
or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and case action lawsuits. The attorneys at Brodsky &
Smith have been appointed by numerous courts throughout the country
to serve as lead counsel in class actions and successfully
recovered millions of dollars for our clients and shareholders.
Attorney advertising. Prior results do not guarantee a similar
outcome.
Brodsky & Smith, LLCJason L. Brodsky, EsquireEvan J. Smith,
Esquire877-LEGAL-90investorrelations@brodsky-smith.comhttp://brodsky-smith.com/638-tpgi-thomas-properties-group-inc.html
Thomas Properties Grp., Inc. (NYSE:TPGI)
Historical Stock Chart
From Sep 2024 to Oct 2024
Thomas Properties Grp., Inc. (NYSE:TPGI)
Historical Stock Chart
From Oct 2023 to Oct 2024