Cases
TIER REIT, Inc. (TIER)
Merger
Overview
Overview
- Date:
- 4/17/2019
- Company Name:
- TIER REIT, Inc.
- Stock Symbol:
- TIER
- Company Name - Buyer:
- Cousins Properties
- Stock Symbol - Buyer:
- CUZ
- Status:
- Closed/Complete
- Merger Announcement Date:
- 3/25/2019
NEW YORK, April 17, 2019 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of TIER REIT, Inc. (NYSE: TIER) on behalf of stockholders concerning the proposed merger with Cousins Properties (NYSE: CUZ).
Pursuant to the proposed transaction, announced on March 25, 2019 and valued at $7.8 billion, TIER stockholders will receive 2.98 shares of Cousins Properties for each share of TIER common stock owned. The investigation focuses on whether TIER 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 TIER 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 March 25, 2019 and valued at $7.8 billion, TIER stockholders will receive 2.98 shares of Cousins Properties for each share of TIER common stock owned. The investigation focuses on whether TIER 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 TIER 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.