GPT merger Levi & Korsinsky

Merger News

GPT Merger Investigation

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May 9, 2018

To: All Persons or Entities who purchased Gramercy Property Trust (“Gramercy Property” or the “Company”) (NYSE: GPT) stock prior to May 7, 2018. Levi & Korsinsky, LLP has commenced an investigation into the fairness of the Gramercy Property merger. Gramercy Property will merge with Blackstone Real Estate Partners VIII for $27.50 per share. To learn more about the GPT merger and your rights, go tohttp://www.zlk.com/mna/gramercy-property-trust or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The investigation concerns whether the Board of Gramercy Property breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Blackstone Real Estate Partners VIII is underpaying for Gramercy Property shares, thus unlawfully harming Gramercy Property shareholders.

 

Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.