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LAW FIRM SEEKS HIGHER PRICE FOR SHAREHOLDERS

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tedkov   Wednesday, 07/01/15 12:58:13 PM
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LAW FIRM SEEKS HIGHER PRICE FOR SHAREHOLDERS


New York, New York/July 1, 2015 - A leading national securities and
shareholder rights law firm announces that it is investigating the
acquisition of Gramercy Property Trust on behalf of its shareholders.
Under the terms of the agreement, Gramercy shareholders will receive
3.1898 shares of Chambers Street for each share of Gramercy common stock
they own. This comes out to an implied price of $25.36 per share based on
Chambers price on June 30.

The investigation concerns whether shareholders are receiving the maximum
value for their shares and whether management is acting for their own self
interests in selling the company. Indeed, GPT shares have traded well
above the offer price recently and analysts have a target price of $34 per
share.

If you are a shareholder of GPT and would like additional information
regarding this matter including how your shares can be eligible for a
higher price at no cost please contact us at 800.511.7037

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