Levi & Korsinsky is investigating the Board of Directors of Giant Interactive Group, Inc. (“GA”) (NYSE:GA) in relation to a going-private offer from the Company’s Chairman, Yuzhu Shi, and an affiliate of Baring Private Equity Asia (the “Consortium”).
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Under the terms of the proposal GA American depositary share (ADS) shareholders would receive $11.75 for each ADS of GA stock they own. The investigation concerns whether the GA Board of Directors is engaging in adequate process to review the proposed transaction and whether the consideration to be paid would be fair to GA shareholders. Shi and the Consortium currently own an aggregate of approximately 47.2% of the Company’s share capital.
If you own GA common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/giant-interactive-group-ga/.Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s 26 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.