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GGP INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of Buyout

2018-03-27 14:24 ET - News Release


Company Website: http://www.rigrodskylong.com
WILMINGTON, Del. -- (Business Wire)

Rigrodsky & Long, P.A.:

  • Do you own shares of GGP Inc. (NYSE: GGP)?
  • Did you purchase any of your shares prior to March 26, 2018?
  • Do you think the proposed buyout is fair?
  • Do you want to discuss your rights?

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of GGP Inc. (“GGP” or the “Company”) (NYSE: GGP) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Brookfield Property Partners L.P. (“Brookfield”) (NASDAQ GS: BPY). Under the terms of the agreement, shareholders of GGP can elect to receive either $23.50 in cash or either one BPY unit or one share of a new BPY U.S. REIT security for each share of GGP common stock.

If you own common stock of GGP and purchased any shares before March 26, 2018, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 300 Delaware Avenue, Suite 1220, Wilmington, Delaware 19801, by telephone at (888) 969-4242, or by e-mail at info@rl-legal.com.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware, Garden City, New York, and San Francisco, California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.

Attorney advertising. Prior results do not guarantee a similar outcome.

Contacts:

Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
888-969-4242
302-295-5310
Fax: 302-654-7530
info@rl-legal.com
http://www.rigrodskylong.com

Source: Rigrodsky & Long, P.A.

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