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TPGI Thomas Properties Grp., Inc.

6.85
0.00 (0.00%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Thomas Properties Grp., Inc. NYSE:TPGI NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 6.85 0.00 01:00:00

THOMAS PROPERTIES SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Thomas Properties Group, Inc. (TPGI)...

16/09/2013 10:00pm

Business Wire


Thomas Properties Grp., Inc. (NYSE:TPGI)
Historical Stock Chart


From Jun 2019 to Jun 2024

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Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Thomas Properties Group, Inc. (“Thomas Properties” or the “Company”) (NYSE:TPGI) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Parkways Properties, Inc. (“Parkway”) (NYSE:PKY) in a stock for stock deal valued at approximately $1.2 billion, including the assumption of debt. Under the terms of the proposed transaction, Thomas Properties’ stockholders will receive 0.3822 shares of Parkway, or approximately $6.28 for each share of Thomas Properties common stock they own, while according to Yahoo! Finance, at least one financial analyst has set a price target of $7.00 for Thomas Properties.

Request more information now by clicking here: www.faruqilaw.com/TPGI. There is no cost or obligation to you.

The investigation focuses on whether Thomas Properties’ Board of Directors breached their fiduciary duties to the Company’s stockholders by failing to conduct an adequate and fair sales process prior to agreeing to this proposed transaction, whether and by how much this proposed transaction undervalues the Company to the detriment of Thomas Properties’ shareholders.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm’s clients.

If you own common stock in Thomas Properties and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/TPGI or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

Attorney Advertising. (C) 2013 Faruqi & Faruqi, LLP. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We are happy to discuss your particular case.

1 Year Thomas Properties Grp., Inc. Chart

1 Year Thomas Properties Grp., Inc. Chart

1 Month Thomas Properties Grp., Inc. Chart

1 Month Thomas Properties Grp., Inc. Chart