September 1, 2017 (Shareholders Foundation) - An investigation on behalf of investors, who currently hold shares of First Potomac Realty Trust (NYSE:FPO), was announced concerning whether the takeover of First Potomac Realty Trust. by Government Properties Income Trust is unfair to NYSE:FPO stockholders.

The investigation by a law firm concerns whether certain officers and directors of First Potomac Realty Trust breached their fiduciary duties owed to NYSE:FPO investors in connection with the proposed acquisition.

On jun e28, 2017, First Potomac Realty Trust (NYSE:FPO) announced that it has entered into a merger agreement with Government Properties Income Trust (NASDAQ:GOV) under which Government Properties Income Trust will acquire all of the outstanding shares of First Potomac Realty Trust (NYSE:FPO). The transaction, which is valued at $1.4 billion, including the assumption of debt, is expected to close prior to year end 2017. Under the terms of the agreement, First Potomac Realty Trust (NYSE:FPO) shareholders will receive $11.15 in cash per share at the close of the transaction.

However, the investigation concerns whether the offer is unfair to NYSE:FPO stockholders. More specifically, the investigation concerns whether the First Potomac Realty Trust Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.