Speculating in Takeover Targets Message Board

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Strategies & Market Trends : Speculating in Takeover Targets

ULBI 5.760

-2.5%

Dec 26 9:30 AM EST

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To: richardred who wrote (878)	11/18/2005 12:30:13 AM
From: Glenn Petersen	Read Replies (1) of 7254

I used to follow GRLL quite closely, even though I never owned the stock or visited one of their restaurants. The company was very heavily leveraged and I thought that it might be worth taking a small position. 9/11 hit them hard and they slid in Chapter 11 during the spring of 2002. I continued to track the company after it emerged from bankruptcy. Shareholders will get $.772 per share, a nice premium. The stock last traded at $.40. Restaurants are tough. Restaurant Acquisition Partners, one of the blank check companies currently in registration, is looking to raise $24 million to invest in the restaurant business. Message 21859889 The old GRLL thread had only two bookmarks: Subject 36432

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