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FirstCity Financial Corp. Message Board

  • sachinshahisthedevil sachinshahisthedevil Dec 21, 2012 9:01 AM Flag

    LOW PRICE - LAW FIRM SEEKS MORE MONEY FOR SHAREHOLDERS

     

    BusinessWire
    December 21, 2012

    New York, New York -- Tripp Levy PLLC a leading national securities law firm announces that it is investigating the acquisition of Firstcity Financnial on behalf of shareholders. Varde Partners announced that it has entered into an agreement to acquire FCFC for $8.30 per share

    The investigation concerns whether the Management and Board of Directors of FCFC have breached their fiduciary duties. Management has agreed to vote their shares in favor of the merger and prior to doing so entered into long term employment agreements. Further, the price is significantly below wall street's expectations of $10 per share.

    If you are a shareholder and would like to learn additional information please contact us toll free at 877-772-3975 or email at contact @ tripplevy

    This topic is deleted.
 

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