{"id":524333,"date":"2021-08-05T16:03:11","date_gmt":"2021-08-05T20:03:11","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/mgm-growth-properties-llc-nysemgp-investor-notice-abraham-fruchter-twersky-llp-is-investigating-the-sale-of-mgm-growth-properties-and-encourages-investors-to-contact-the-firm\/"},"modified":"2021-08-05T16:03:11","modified_gmt":"2021-08-05T20:03:11","slug":"mgm-growth-properties-llc-nysemgp-investor-notice-abraham-fruchter-twersky-llp-is-investigating-the-sale-of-mgm-growth-properties-and-encourages-investors-to-contact-the-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/mgm-growth-properties-llc-nysemgp-investor-notice-abraham-fruchter-twersky-llp-is-investigating-the-sale-of-mgm-growth-properties-and-encourages-investors-to-contact-the-firm\/","title":{"rendered":"MGM Growth Properties LLC (NYSE:MGP) INVESTOR NOTICE: Abraham, Fruchter &amp; Twersky, LLP Is Investigating the Sale of MGM Growth Properties and Encourages Investors to Contact the Firm"},"content":{"rendered":"<div class=\"mw_release\">\n<p>NEW YORK, Aug.  05, 2021  (GLOBE NEWSWIRE) &#8212; Abraham, Fruchter &amp; Twersky, LLP (<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=gkSw03mgVxZoBfh212iWWcd2tkads3Vg0b8A6YB25WyXSHMqsK3kTzPq0QLIISy9x_8WJEppQoqrgCPTI3rtpH3Xc-lify8F5CeuXdkzWICEzRIObcayB7vDm7kYZod6vvZeU0wE4pGJf8F5wzUHbdvW8vxoe4vqCIuZnc5jYcuzU-CSwRSTJ-CipXVn8qQbP0daXWcAI2Nxn4--2icieE5OktBxg9UeW9DTtuOID5k=\" rel=\"nofollow noopener\" target=\"_blank\"><u>www.aftlaw.com<\/u><\/a>), a nationally recognized law firm that focuses on protecting investors\u2019 rights, is investigating whether the board of directors of MGM Growth Properties LLC (\u201cMGP\u201d or the \u201cCompany\u201d) (NYSE:MGP), or any other person or company, breached its fiduciary duties or violated any laws in connection with the company\u2019s proposed acquisition by VICI Properties Inc. (\u201cVICI\u201d) (NYSE: VICI).<\/p>\n<p>On August 4, 2021, MGP announced that it had entered into a definitive agreement with VICI, pursuant to which MGM Resorts International, which controls the operations of MGP, will receive $43 per unit, or approximately $4.4 billion in cash. In contrast public shareholders of MGP are set to receive 1.366 shares of VICI stock valued at $43.00 per share but currently worth less than $42.00 per share based upon VICI\u2019s current trading price of approximately $30.50 per share. In addition, public shareholders of MGP will suffer a decline in the amount of their cash dividends, currently $2.06 per share per year, to approximately $1.80 based upon VICI\u2019s current annual $1.32 per share dividend.<\/p>\n<p>Abraham, Fruchter &amp; Twersky, LLP is investigating whether MGP\u2019s board of directors oversaw an unfair process or agreed to receive inadequate merger consideration from VICI. Accordingly, the firm is investigating all aspects of the proposed acquisition in order to achieve the best result possible for MGP\u2019s stockholders.<\/p>\n<p>If you own shares of MGP common stock and are concerned about the proposed merger, or you are interested in learning more about the investigation or your legal rights and remedies, please contact Jeffrey S. Abraham or Michael J. Klein by email at\u00a0jabraham@aftlaw.com\u00a0and mklein@aftlaw.com, or telephone at (212) 279-5050. There is no cost or obligation to you.<\/p>\n<p>Abraham, Fruchter &amp; Twersky, LLP (<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=gkSw03mgVxZoBfh212iWWe_0e6YGAf3qY5xYaByJAwhYgw4ZJ8FUWA5N4fN4MiOT5cq-xbg98FKpJaX0bwkruf46m-SN8B97aAD8csVZET5CBtJpwrksYkzHxa0awiOGmCk0sE3d8enfx1zqov4A6ZNBsO3kKetIngh5fAHcRkjF0bL_kMHA4NnvVqCkPdfDZ70c6eb78rkBIoR5e2Ax1Gueb4vFYFe8_qx88KRmRjM=\" rel=\"nofollow noopener\" target=\"_blank\"><u>www.aftlaw.com<\/u><\/a>), is a law firm based in New York and maintaining an office in California. Abraham, Fruchter &amp; Twersky, LLP has extensive experience in litigating on behalf of investors. The firm has been ranked among the leading class action law firms in terms of recoveries achieved for shareholders, recently obtaining approval of a $48,750,000 settlement in\u00a0In re Terraform Global Securities Litigation, No. 1:16-cv-07967 (S.D.N.Y.),\u00a0representing as much as 75% of likely recoverable damages.<\/p>\n<p>Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n<p>If you have any questions about this Notice, the action, your rights or your interests, please contact:<\/p>\n<p>Jeffrey S. Abraham, Esq.<br \/>Michael J. Klein, Esq.<br \/><strong>Abraham, Fruchter &amp; Twersky, LLP<\/strong><br \/>One Penn Plaza, Suite 2805<br \/>New York, New York 10119<br \/>Tel: (212) 279-5050, Ext. 1601 or 1608<br \/>Fax: (212) 279-3655<br \/>Email:\u00a0<strong><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=lGNzXUev1JTfy7TIyqppGKXl6GFxO_1fOhuUe__FiOQG6adG24aYijA5Mt4rBYlP24Y6HMuzjkMhLjgs9IFBE2ShXMTMo06ORZxo8x01vYo=\" rel=\"nofollow noopener\" target=\"_blank\">JAbraham@aftlaw.com<\/a>\u00a0<\/strong><br \/><strong><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=dszcv6Sq1o9-BgI9vBKs3N0_AmgVGb126hCBUb3gmaKIvBVU9ll7Hcpw-8Zth2JAMS1YWc-avMI6sqXrI_5L6Q==\" rel=\"nofollow noopener\" target=\"_blank\">MKlein@aftlaw.com<\/a>\u00a0<\/strong><\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMwNDAwMSM0MzQ0NzEzIzIwODgxNzQ=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/1862f367-de83-48f7-8480-62264fa1e18e\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Aug. 05, 2021 (GLOBE NEWSWIRE) &#8212; Abraham, Fruchter &amp; Twersky, LLP (www.aftlaw.com), a nationally recognized law firm that focuses on protecting investors\u2019 rights, is investigating whether the board of directors of MGM Growth Properties LLC (\u201cMGP\u201d or the \u201cCompany\u201d) (NYSE:MGP), or any other person or company, breached its fiduciary duties or violated any laws in connection with the company\u2019s proposed acquisition by VICI Properties Inc. (\u201cVICI\u201d) (NYSE: VICI). On August 4, 2021, MGP announced that it had entered into a definitive agreement with VICI, pursuant to which MGM Resorts International, which controls the operations of MGP, will receive $43 per unit, or approximately $4.4 billion in cash. In contrast public shareholders of MGP are set to receive 1.366 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/mgm-growth-properties-llc-nysemgp-investor-notice-abraham-fruchter-twersky-llp-is-investigating-the-sale-of-mgm-growth-properties-and-encourages-investors-to-contact-the-firm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;MGM Growth Properties LLC (NYSE:MGP) INVESTOR NOTICE: Abraham, Fruchter &amp; Twersky, LLP Is Investigating the Sale of MGM Growth Properties and Encourages Investors to Contact the Firm&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-524333","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>MGM Growth Properties LLC (NYSE:MGP) INVESTOR NOTICE: Abraham, Fruchter &amp; Twersky, LLP Is Investigating the Sale of MGM Growth Properties and Encourages Investors to Contact the Firm - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/mgm-growth-properties-llc-nysemgp-investor-notice-abraham-fruchter-twersky-llp-is-investigating-the-sale-of-mgm-growth-properties-and-encourages-investors-to-contact-the-firm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MGM Growth Properties LLC (NYSE:MGP) INVESTOR NOTICE: Abraham, Fruchter &amp; Twersky, LLP Is Investigating the Sale of MGM Growth Properties and Encourages Investors to Contact the Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Aug. 05, 2021 (GLOBE NEWSWIRE) &#8212; Abraham, Fruchter &amp; Twersky, LLP (www.aftlaw.com), a nationally recognized law firm that focuses on protecting investors\u2019 rights, is investigating whether the board of directors of MGM Growth Properties LLC (\u201cMGP\u201d or the \u201cCompany\u201d) (NYSE:MGP), or any other person or company, breached its fiduciary duties or violated any laws in connection with the company\u2019s proposed acquisition by VICI Properties Inc. (\u201cVICI\u201d) (NYSE: VICI). On August 4, 2021, MGP announced that it had entered into a definitive agreement with VICI, pursuant to which MGM Resorts International, which controls the operations of MGP, will receive $43 per unit, or approximately $4.4 billion in cash. In contrast public shareholders of MGP are set to receive 1.366 &hellip; Continue reading &quot;MGM Growth Properties LLC (NYSE:MGP) INVESTOR NOTICE: Abraham, Fruchter &amp; Twersky, LLP Is Investigating the Sale of MGM Growth Properties and Encourages Investors to Contact the Firm&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/mgm-growth-properties-llc-nysemgp-investor-notice-abraham-fruchter-twersky-llp-is-investigating-the-sale-of-mgm-growth-properties-and-encourages-investors-to-contact-the-firm\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-05T20:03:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMwNDAwMSM0MzQ0NzEzIzIwODgxNzQ=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mgm-growth-properties-llc-nysemgp-investor-notice-abraham-fruchter-twersky-llp-is-investigating-the-sale-of-mgm-growth-properties-and-encourages-investors-to-contact-the-firm\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mgm-growth-properties-llc-nysemgp-investor-notice-abraham-fruchter-twersky-llp-is-investigating-the-sale-of-mgm-growth-properties-and-encourages-investors-to-contact-the-firm\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"MGM Growth Properties LLC (NYSE:MGP) INVESTOR NOTICE: Abraham, Fruchter &amp; 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