Cases
GGP Inc. (GGP)
Merger
Overview
Overview
- Date:
- 3/27/2018
- Company Name:
- GGP, Inc.
- Stock Symbol:
- GGP
- Status:
- Closed/Complete
NEW YORK, March 27, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of GGP Inc. (NYSE: GGP) shareholders concerning the proposed acquisition of the company by Brookfield Property Partners L.P. (NASDAQ: BPY).
Our investigation concerns whether GGP’s board of directors failed to adequately shop the company and obtain the best possible value for its shareholders before entering into a definitive merger agreement with Brookfield. Under the terms of the agreement, GGP shareholders can elect to receive, for each GGP common share, either $23.50 in cash or either one BPY unit or one share of a new BPY U.S. REIT security.
If you own GGP shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
Our investigation concerns whether GGP’s board of directors failed to adequately shop the company and obtain the best possible value for its shareholders before entering into a definitive merger agreement with Brookfield. Under the terms of the agreement, GGP shareholders can elect to receive, for each GGP common share, either $23.50 in cash or either one BPY unit or one share of a new BPY U.S. REIT security.
If you own GGP shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.