NEW YORK--(BUSINESS WIRE)--The Rosen Law Firm, P.A. is investigating the Board of Directors of EVOQ Properties, Inc. (OTC: EVOQ) for possible breaches of fiduciary duties and other violations of law by failing to adequately shop EVOQ Properties to maximize shareholder value before entering into an agreement to be acquired by an entity established by affiliates of Atlas Capital Investors III, LLC, Square Mile Capital Management, LLC, and USAA Real Estate Company.
If you would like to join the action, please call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free, at 866-767-3653; or email at firstname.lastname@example.org or email@example.com. There is no cost or obligation to you.
Under the terms of the transaction, shareholders will receive $12.96 in cash for each share of EVOQ Properties common stock they own. The transaction, valued at approximately $357 million, has been approved by the EVOQ Properties Board of Directors and its majority stockholder, MMPI Acquisition LLC – formed by Mount Kellett Capital Management LP and Global Asset Capital LP. The investigation relates to whether the transaction is fair to public shareholders and whether EVOQ Properties’ Board of Directors breached its fiduciary duties in connection with the transaction.
If you currently own EVOQ Properties stock and wish to obtain additional information, please visit the website at http://rosenlegal.com/cases-338.html. You may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at firstname.lastname@example.org or email@example.com.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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