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Morgans Hotel Group Co. (NASDAQ:MHGC) Investor Investigation Over Buyout Announced

  • If you purchased shares of Morgans Hotel Group Co. (NASDAQ:MHGC) and currently hold any of those NASDAQ:MHGC shares, you have certain options and you should contact the Shareholders Foundation, Inc.

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Investigation Overview

May 18, 2016, (Update) - On May 09, 2016 Morgans Hotel Group Co. (NASDAQ:MHGC), announced it has entered into an agreement under which Morgans Hotel Group Co will be acquired by SBE. Under terms of the agreement, SBE will acquire all of the outstanding shares of Morgans Hotel Group Co common stock for $2.25 per share in cash, which, together with the exchange of Morgans Series A prefe...



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