MANAGEMENT BUYOUT OF GIANT - LAW FIRM SEEKS MORE INFORMATION FOR SHAREHOLDERS
NEW YORK--NEW YORK--
Tripp Levy PLLC is investigating the Board of Directors of Giant Interactive Group, Inc. (“GA”) (GA) in relation to a going-private offer from the Company’s Chairman, Yuzhu Shi, and an affiliate of Baring Private Equity Asia (the “Consortium”).
Under the terms of the proposal GA American depositary share (ADS) shareholders would receive $11.75 for each ADS of GA stock they own. The investigation concerns whether the GA Board of Directors is engaging in adequate process to review the proposed transaction and whether the consideration to be paid would be fair to GA shareholders. Shi and the Consortium currently own an aggregate of approximately 47.2% of the Company’s share capital.
If you own GA common stock and wish to obtain additional information, please contact us at no cost or expense at 1-877-772-3975 or email at contact @ tripplevy
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