Private Equity Group Closes Ruby Tuesday Buyout Deal
SEAFOODNEWS.COM [Nation's Restaurant News] by Kim Khan - December 22, 2017
NRD Capital has completed its acquisition of struggling casual-dining chain Ruby Tuesday Inc., the companies said Thursday.
Shareholders of Maryville, Tenn.-based Ruby Tuesday approved NRD’s takeover offer of $2.40 per share “by a large majority” at a special meeting of shareholders in New York Wednesday, the companies said.
The deal valued the chain at $335 million and was first announced in October.
As part of the completion of the deal ...
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