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Faruqi & Faruqi, LLP is Seeking More Cash for the Shareholders of MPG Office Trust, Inc. (MPG)

NEW YORK--(BUSINESS WIRE)--Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of MPG Office Trust, Inc. (“MPG” or the “Company”) (NYSE: MPG) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to a newly formed fund controlled by Brookfield Office Properties Inc. (“Brookfield”) (NYSE: BPO) in an all-cash deal valued at about $2 billion. Under the terms of the proposed transaction, MPG’s stockholders will receive $3.15 in cash for each share of MPG common stock they own, while according to Yahoo! Finance, at least one financial analyst has set a price target of $3.50 for MPG.