Harwood Feffer LLP Announces Investigation of The Fresh Market, Inc.
Mar 14, 2016
NEW YORK, March 14, 2016 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of The Fresh Market, Inc. ("Fresh Market" or the "Company") (NASDAQ: TFM) concerning the proposed acquisition of the Company by Apollo Global Management, LLC ("Apollo Global").
Under the terms of the offer, Apollo Global would acquire Fresh Market in a transaction valued at approximately $1.3 billion. Pursuant to the deal, Fresh Market stockholders would receive $28.50 per share in cash. According to Yahoo Finance, at least one analyst has a set a target price for Fresh Market of $44 per share.
Our investigation concerns whether the Fresh Market board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders.
If you own Fresh Market shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Benjamin I. Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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