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First Potomac Realty Trust Shareholders Approve Acquisition by Governm...
BETHESDA, Md.--(BUSINESS WIRE)-- First Potomac Realty Trust (NYSE:FPO) (“First Potomac” or the “Company”) today announced that, at a special meeting held earlier today, First Potomac shareholders voted to approve the previously announced acquisition of the Company by Government Properties Income Trust (Nasdaq: GOV). The final vote results will be reported on a Form 8-K filed with the Securities and Exchange Commission. The transaction is expected to close in October, subject to customary closing conditions. Upon completion of...
INVESTOR ALERT: Brower Piven Commences an Investigation into the Propo...
STEVENSON, Md.--(BUSINESS WIRE)-- The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of First Potomac Realty Trust (NYSE: FPO) (“First Potomac” or the “Company”) relating to the proposed buyout of First Potomac by Government Properties Income Trust. Under the terms of the agreement, First Potomac shareholders are anticipated to receive $11.15 in cash for each share of...
SHAREHOLDER ALERT: Brower Piven Commences an Investigation into the Pr...
STEVENSON, Md.--(BUSINESS WIRE)-- The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of First Potomac Realty Trust (NYSE: FPO) (“First Potomac” or the “Company”) relating to the proposed buyout of First Potomac by Government Properties Income Trust. Under the terms of the agreement, First Potomac shareholders are anticipated to receive $11.15 in cash for each share of...
FIRST POTOMAC REALTY TRUST SHAREHOLDER ALERT: Former SEC Attorney Will...
DALLAS--(BUSINESS WIRE)-- Former United States Securities and Exchange Commission attorney Willie Briscoe is investigating potential claims against the Board of Directors of First Potomac Realty Trust (“First Potomac”) (NYSE: FPO) concerning the sale to Government Properties Income Trust. Under the terms of the agreement, First Potomac shareholders will only receive $11.15 for each share owned, which is virtually no premium over the 52-week high and lower than at least one analyst’s estimated value of $12.00 per share. If you...
INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investig...
NEW YORK--(BUSINESS WIRE)-- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased First Potomac Realty Trust (NYSE: FPO) stock prior to June 28, 2017. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of First Potomac to Government Properties Income Trust (NASDAQ: GOV) for $11.15 per share. To learn more about the action and your rights, go to: http://www.zlkdocs.com/FPO-Info-Request-For...
FIRST POTOMAC REALTY TRUST SHAREHOLDER ALERT: Rigrodsky & Long, P.A. A...
WILMINGTON, Del.--(BUSINESS WIRE)-- Rigrodsky & Long, P.A.: Do you own shares of First Potomac Realty Trust (NYSE: FPO)? Did you purchase any of your shares prior to June 28, 2017? 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 First Potomac Realty Trust (“First Potomac” or the “Company”) (NYSE: FPO) ...
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors of an Inves...
NEW YORK--(BUSINESS WIRE)-- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased First Potomac Realty Trust (NYSE: FPO) stock prior to June 28, 2017. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of First Potomac to Government Properties Income Trust (NASDAQ: GOV) for $11.15 per share. To learn more about the action and your rights, go to: http://www.zlkdocs.com/FPO-Info-Request-For...
First Potomac Realty Trust to be Acquired by Government Properties Inc...
BETHESDA, Md.--(BUSINESS WIRE)-- First Potomac Realty Trust (NYSE:FPO) today announced that it has entered into a definitive merger agreement with Government Properties Income Trust (NASDAQ:GOV) under which GOV will acquire all of the outstanding shares of First Potomac. The transaction, which is valued at $1.4 billion, including the assumption of debt, is expected to close prior to year end 2017. Under the terms of the agreement, First Potomac shareholders will receive $11.15 in cash per share at the close of the transaction...
Ford Equity US Rating and Forecast Report
Ford Equity Research covers more than 4,000 stocks using a proprietary quantitative model that evaluates a company’s earnings strength, its relative valuation and recent price movement. Ford’s five recommendation ratings include strong buy, buy, hold, sell, strong sell. For all stocks in our coverage universe, ratings are generated each week and reflect the fundamental and price data as of the last trading day of the week.
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