Faruqi & Faruqi, LLP Announces the Investigation of The Fresh Market, Inc. (TFM) Over the Proposed Sale of the Company to Apollo Global Management
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of The Fresh Market, Inc. (“Fresh Market” or the “Company”) (NASDAQ:TFM) for potential breaches of fiduciary duties in connection with the sale of the Company to Apollo Global Management for approximately $1.36 billion in a tender offer.
The Company’s stockholders will only receive $28.50 in cash for each share of Company common stock they own. However, the offer is below at least one analyst target price of $44 per share and the 52-week high of $41.70 per share.
If you own common stock in Fresh Market and wish to obtain additional information and protect your investments free of charge, please fill out the form below or contact Juan Monteverde, Esq. either via e-mail at firstname.lastname@example.org or by telephone at (877) 247-4292 or (212) 983-9330.
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Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330
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