Cases
Papa Murphy's Holdings, Inc. (FRSH)
Merger
Overview
Overview
- Date:
- 4/11/2019
- Company Name:
- Papa Murphy's Holdings, Inc.
- Stock Symbol:
- FRSH
- Company Name - Buyer:
- MTY Food Group Inc.
- Stock Symbol - Buyer:
- MTY
- Status:
- Closed/Complete
- Merger Announcement Date:
- 4/11/2019
NEW YORK, April 11, 2019 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Papa Murphy’s Holdings, Inc. (NASDAQ: FRSH) on behalf of stockholders concerning the proposed acquisition of the company by MTY Food Group Inc. (TSX: MTY).
Pursuant to the proposed transaction, announced on April 11, 2019 and valued at $190 million, Papa Murphy’s stockholders will receive $6.45 in cash for each share of Papa Murphy’s common stock owned. The investigation focuses on whether Papa Murphy’s and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own Papa Murphy’s 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) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.
Pursuant to the proposed transaction, announced on April 11, 2019 and valued at $190 million, Papa Murphy’s stockholders will receive $6.45 in cash for each share of Papa Murphy’s common stock owned. The investigation focuses on whether Papa Murphy’s and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own Papa Murphy’s 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) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.