Navigation Links
Landry's Restaurants, Inc. Announces Status of Acquisition by Tilman J. Fertitta and Tentative Partial Settlement of Delaware Lawsuit
Date:4/27/2010

HOUSTON, April 27 /PRNewswire-FirstCall/ -- Landry's Restaurants, Inc. (NYSE: LNY) ("Landry's" or the "Company") announced today that after lengthy negotiations with the Special Committee, made up of outside non-employee directors, and attorneys representing the plaintiff in a lawsuit pending in Delaware, Tilman J. Fertitta has reached a tentative agreement with the plaintiff's attorneys to settle the stockholder derivative claim and certain other claims in connection with Mr. Fertitta's proposal to merge Landry's into his wholly-owned company.  Pursuant to the tentative agreement, Mr. Fertitta has agreed to increase the price to be paid to the Landry's stockholders to $21.00 per share in cash in a merger of the Fertitta affiliate with Landry's.  

Mr. Fertitta's proposal is subject to further consideration by and approval of the Special Committee and the Special Committee obtaining a fairness opinion from its independent financial advisor as to the financial terms of the proposal.  If approved and recommended by the Committee, the proposal must be approved by the entire Landry's Board.  There can be no assurance that a final agreement will be reached.  Any final agreement will be subject to approval by the Company's stockholders, including approval by the holders of a majority of the Company's common stock not owned by Mr. Fertitta.  The partial settlement of the lawsuit also requires approval by the court after notice and a fairness hearing.

About Landry's Restaurants, Inc.

Landry's is a national, diversified restaurant, hospitality and entertainment compan
'/>"/>

SOURCE Landry's Restaurants, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related biology news :

1. Study examines calorie information from restaurants, packaged foods
2. Southwest Bancorp, Inc. Announces Pricing of $50 Million Underwritten Public Offering of Common Shares
3. ViroPharma Announces Initiation of Phase 2 Evaluation of Subcutaneous Delivery of Cinryze(TM) (C1 Esterase Inhibitor [Human])
4. The PMI Group, Inc. Announces Pricing of Common Stock and Convertible Senior Notes Offerings
5. Oil Refineries Announces Delay to Annual & Special General Meeting
6. SAFC(R) Announces $6.25 Million Expansion at Lenexa Center of Excellence
7. Cellcom Israel Ltd. Announces Dismissal of a Purported Class Action
8. Genetics Society of America announces award recipients at 51st Annual Drosophila Conference
9. Office of Naval Research announces 2010 Young Investigator Award recipients
10. NAS announces visual culture and evolution online symposium
11. Syngenta Crop Protection Canada announces seed treatment project with Innovotech
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/14/2014)... to produce enough food to feed the world in ... of the United Nations predicts that food production must ... a growing global population, and plants are one major ... Plants—grains, cereals, fruits, vegetables, and more—feed humans directly and ... into our knowledge of how plants work to develop ...
(Date:10/14/2014)... – Scientists from The Scripps Research Institute (TSRI) have ... Health (NIH) to lead an investigation of Lassa fever ... Africa. The study aims to understand how Lassa fever ... others survive the inflection. , "The ultimate goal ... how Lassa fever virus causes disease and develop new ...
(Date:10/14/2014)... cancer likely takes between 10 and 20 years ... "broad window" of intervention if detected early, which ... predisposition, say Australian clinical researchers. , Dr ... Garvan Institute of Medical Research, analysed medical histories ... 766 pancreatic cancer patients, operated on between 1994 ...
Breaking Biology News(10 mins):Building a bridge from basic botany to applied agriculture 2Building a bridge from basic botany to applied agriculture 3Scripps Research Institute team receives $6.6 million to investigate deadly Lassa virus 2Early detection window when pancreatic cancer is in the family 2
... honored tonight by NJIT for his research, will speak in a ... The event, NJIT,s most important research honor, culminates in the ... webcast will be available to viewers and listeners from starting at ... in to hear and see Grebel from 5:50 -- 6: 15 ...
... The Biophysical Society is pleased to announce the recipients ... Gray Award. These Society members will be honored at ... Diego, California. The Emily M. Gray Awardees will also give ... 26, 2012. The recipients are: Edward ...
... along Florida,s east and west coasts, Florida State University ... severely overfished Atlantic goliath grouper, a native species that ... after a 21-year moratorium on its capture while remaining ... three-year study will determine what specific conditions and fishy ...
Cached Biology News:Hear live webcast tonight of top NJIT awardee detailing future of nanotechnology 2FSU biologists fish for reasons behind endangered grouper's comeback 2FSU biologists fish for reasons behind endangered grouper's comeback 3
(Date:10/20/2014)... (PRWEB) October 20, 2014 Local veterinary ... in an investigational study of donor stem cells for ... stem cell therapy and has performed clinical stem cell ... study is to determine if a single injection of ... joints can help reduce pain and inflammation in the ...
(Date:10/19/2014)... , Oct. 19, 2014 NextCODE Health, which enables ... genome in real time, today announced the launch of its ... Exchange , at the American Society of Human Genetics (ASHG) ... learn more, sign up and apply for free beta access, ... features and benefits can be viewed here . ...
(Date:10/19/2014)... The Asia-Pacific Speech Analytics market report defines ... analysis and forecast of revenue. This market is estimated ... million by 2019, at a Compound Annual Growth Rate ... through the TOC of the Asia-Pacific Speech Analytics market ... provided. It also provides a glimpse of the segmentation ...
(Date:10/19/2014)... 19, 2014 The report "Unmanned ... Homeland Security), Technology, Payload, Type & by Geography ... the global unmanned ground vehicle market into various ... of market sizes. The report also identifies the ... impacting it along with the adoption trends. , ...
Breaking Biology Technology:Cascade Veterinary Referral Center Seeks Candidates for an Investigational Study of Stem Cells for Dogs with Arthritis 2The NextCODE Exchange: The first global, real-time system for sharing full-resolution genomic data 2The NextCODE Exchange: The first global, real-time system for sharing full-resolution genomic data 3The Asia-Pacific Speech Analytics market is estimated to reach $208 million by 2019 - New Report by MicroMarket Monitor 2The Asia-Pacific Speech Analytics market is estimated to reach $208 million by 2019 - New Report by MicroMarket Monitor 3The Asia-Pacific Speech Analytics market is estimated to reach $208 million by 2019 - New Report by MicroMarket Monitor 4Unmanned Ground Vehicle (UGV) Market Estimated to Reach $8.26 Billion by 2020 - New Research Report by MarketsandMarkets 2Unmanned Ground Vehicle (UGV) Market Estimated to Reach $8.26 Billion by 2020 - New Research Report by MarketsandMarkets 3Unmanned Ground Vehicle (UGV) Market Estimated to Reach $8.26 Billion by 2020 - New Research Report by MarketsandMarkets 4Unmanned Ground Vehicle (UGV) Market Estimated to Reach $8.26 Billion by 2020 - New Research Report by MarketsandMarkets 5
... business of developing high-speed electronic components, it pays not ... of them you will need to use dedicated optical ... Innovations GmbH. The new company, which has just been ... the Max Planck Society (MPG), manufactures specialized mirrors and ...
... , SAN DIEGO and MIAMI, ... and development-stage biopharmaceutical company with a proprietary technology platform ... for the treatment of a variety of disease conditions, ... Inc. (OTC Bulletin Board: QBSW), a publicly-traded company with ...
... , PRINCETON, N.J., Sept. 18 Covance Inc. (NYSE: ... the UBS Global Life Sciences Conference on Monday, September 21, 2009 ... of the presentation at www.covance.com . In ... 10 minutes early. , , Covance, with headquarters ...
Cached Biology Technology:Optics made to measure 2Optics made to measure 3Sorrento Therapeutics, Inc. and QuikByte Software, Inc. Complete Merger 2Sorrento Therapeutics, Inc. and QuikByte Software, Inc. Complete Merger 3Sorrento Therapeutics, Inc. and QuikByte Software, Inc. Complete Merger 4
Glutamate Receptor 5/1a...
Mouse monoclonal [3G8] to MDMA ( Abpromise for all tested applications)....
Fluorescein isothiocyanate (FITC) mouse anti-human IFN-alpha2 50 ug...
Dog polyclonal to Porcine Pancreatic Islets of Langerhans Cells ( Abpromise for all tested applications). Antigen: Tissue / cell preparation (Pig): Sonicated crude membrane fraction of porcine p...
Biology Products: