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Non-Tech : BJ's Restaurants Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Savant who wrote (649)5/3/2000 9:31:00 AM
From: Lhn5  Read Replies (2) | Respond to of 865
 
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GRLL
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Wednesday May 3, 9:26 am Eastern Time
Roadhouse Grill management proposes buyout
POMPANO BEACH, Fla., May 3 (Reuters) - Casual restaurant chain Roadhouse Grill Inc. (NasdaqNM:GRLL - news), on Wednesday said management proposed to the board that the company tender for all its common stock at $7.00 per share.

Based on total shares outstanding of 9.7 million as of January 2000, the deal would be valued at nearly $70 million.

It said a special committee of independent directors will evaluate the proposal.

Shares of Roadhouse Grill closed at 5-1/16 Tuesday on the Nasdaq exchange.