On or around 07/14/2016 (Other)
Filing Date: April 07, 2016
According to the Complaint, on March 14, 2016, Fresh Market entered into an Agreement and Plan of Merger pursuant to which the Company’s stockholders will receive $28.50 per share by way of an all-cash tender offer. The Proposed Transaction is a going private transaction whereby Apollo Global Management, LLC, a publicly traded private equity firm, will acquire Fresh Market.
The Complaint alleges the Proposed Transaction is the product of a flawed process and deprives Fresh Market’s public stockholders of the ability to participate in the Company’s long-term prospects.
This case was voluntarily dismissed on June 29, 2016.
Company & Securities Information
Defendant: The Fresh Market, Inc.
Industry: Retail (Grocery)
Headquarters: United States
Ticker Symbol: TFM
Company Market: NASDAQ
Market Status: Public (Listed)
About the Company & Securities Data
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In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
First Identified Complaint
Ross DeAmbrogio, et al. v. The Fresh Market, Inc., et al.