We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| The Fresh Market, Inc. (MM) | NASDAQ:TFM | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 28.51 | 0 | 01:00:00 |
From Jul 2019 to Jul 2024
SAN DIEGO, April 11, 2016 /PRNewswire-USNewswire/ -- Shareholder rights law firm Johnson & Weaver, LLP is investigating whether the board members of The Fresh Market, Inc. (NASDAQ: TFM) breached their fiduciary duties in connection with the proposed sale of the Company to Apollo Global Management, LLC.
Additional Information:
The Fresh Market operates as a specialty grocery retailer in the United States.
On March 14, 2016, The Fresh Market announced it had signed a definitive merger agreement with Apollo. Under the terms of the agreement, Apollo will acquire all of the outstanding shares of common stock of The Fresh Market for $28.50 per share in an all cash transaction.
The investigation concerns whether The Fresh Market's board failed to satisfy their duties to the Company shareholders, including whether the board adequately pursued alternatives to the acquisition and whether the board obtained the best price possible for The Fresh Market's shares of common stock. Nationally recognized Johnson & Weaver is investigating whether the proposed deal price represents adequate consideration, especially given one Wall Street analyst has a $44.00 price target on the stock. The Fresh Market 52-week high was $42.07. In particular, Johnson & Weaver is concerned that The Fresh Market's members of management, who plan to stay with the Company after the deal is completed and will convert their interests in The Fresh Market into the post-close entity, sacrificed shareholders' interests in favor of their own.
If you are a shareholder of The Fresh Market and believe the proposed buyout price is too low or you're interested in learning more about the investigation or your legal rights and remedies, please contact lead analyst Jim Baker (jimb@johnsonandweaver.com) at 619-814-4471. If emailing, please include a phone number where you can be reached.
About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.
Contact:
Johnson & Weaver, LLP
Jim Baker, 619-814-4471
jimb@johnsonandweaver.com
Logo - http://photos.prnewswire.com/prnh/20160211/332409LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/fresh-marketshareholder-tfm-alert-johnson--weaver-llp-is-investigating-the-proposed-buyout-of-the-fresh-market-is-management-cashing-out-at-the-expense-of-shareholders-300249768.html
SOURCE Johnson & Weaver, LLP
Copyright 2016 PR Newswire
1 Year The Fresh Market, Inc. (MM) Chart |
1 Month The Fresh Market, Inc. (MM) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
