BUYOUT OF MPG OFFICE - LAW FIRM SEEKS HIGHER PRICE FOR SHAREHOLDERS
April 25, 2013
New York, New York
Tripp Levy PLLC, a leading national securities and shareholder rights law firm, announces that it is investigating the acquisition of MPG Office Trust. MPG has entered into a definitive merger agreement pursuant to which a newly formed fund controlled by Brookfield Office Properties Inc. (BPO) (“Brookfield”) will acquire the Company. Under the terms of the merger agreement, the holders of MPG’s common shares will receive $3.15 per share in cash at the closing of the merger
The investigation concerns whether the board of directors of MPG breached their fiduciary duties by not obtaining the highest price possibe for shareholders while at the same time negotiating personal pay packages and benefits for themselves in selling the company.
If you are a shareholder of MPG and would like additional information regarding this matter, please conttact ua at 1-877-772-3975 or email at contact @ tripplevy