NEW YORK--(BUSINESS WIRE)--Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of Gramercy Property Trust (NYSE: GPT) stockholders concerning the proposed acquisition of the company by Blackstone Real Estate Partners VIII.
Our investigation concerns whether Gramercy’s board of directors failed to adequately shop the Company and obtain the best possible value for its stockholders before entering into a definitive merger agreement with Blackstone. Under the terms of the agreement, Gramercy stockholders will receive $27.50 per share in cash for each Gramercy share that they own.
If you own Gramercy 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 Brandon Walker or Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning our investigation of Gramercy Property Trust, please go to http://www.bespc.com/gramercy. For additional information about Bragar Eagel & Squire, P.C., please go to www.bespc.com.
