NEW YORK, June 28, 2017 /PRNewswire/ -- Harwood Feffer
LLP (www.hfesq.com) is investigating potential claims
against the board of directors of First Potomac Realty Trust
("First Potomac" or the "Company") (NYSE: FPO) concerning the
proposed acquisition of the Company by Government
Properties Income Trust ("GPIT").
Under the terms of the offer, GPIT would acquire
First Potomac for approximately $1.4
billion. Pursuant to the terms of the transaction,
common shareholders of First Potomac will receive
$11.15 per share owned.
At least one Wall Street analyst has set a target price for First
Potomac stock of $12 per
share.
Our investigation concerns whether the First Potomac 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 First Potomac 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:
Robert I. Harwood,
Esq.
Benjamin I.
Sachs-Michaels, 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.
Attorney Advertising. The law firm responsible for
this advertisement is Harwood Feffer LLP
(www.hfesq.com). Prior results do not
guarantee or predict a similar outcome with respect to
any future matter.
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SOURCE Harwood Feffer LLP