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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of The Fresh Market Inc (NASDAQ: TFM) acted responsibly on behalf of investors’ profitability in the planned $1.36 billion sale to Apollo Global Management LLC (NYSE: APO).
On March 14, 2016, The Fresh Market Inc (NASDAQ: TFM) and Apollo Global Management LLC (NYSE: APO) announced that they had entered into a merger agreement. Under the terms of the merger agreement, Apollo Global Management will offer The Fresh Market shareholders $28.50 per share in cash for all outstanding shares.
Based in Greensboro, North Carolina, and founded in 1982 The Fresh Market Inc operates as a specialty grocery retailer.
The investigation is looking to uncover whether The Fresh Market Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $44.00 per share.
If you purchased The Fresh Market Inc (NASDAQ: TFM) prior to March 14, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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