Alexander's Corporation may elect to receive $12 in cash or a combination of $3 cash and one share of ABRH Class A common stock, for each share of the Company's common stock they own, subject to proration in the event that the stock portion is over- or under-subscribed.
Stout said that the Company is diligently proceeding with filings and other actions necessary to satisfy conditions to closing under the merger agreement, and that a registration statement on Form S-4, which will include the proxy statement of the Company containing detailed information about the proposed transaction and ABRH, will be filed with the Securities and Exchange Commission as soon as practicable, but in no event later than August 6, 2012.
On the other hand, FNFa[euro](tm)s ABRH
unit manages 674 restaurants in 43 states under six different concepts and has about USD1.
O'Charley's runs over 340 restaurants under the O'Charley's, Ninety Nine and Stoney River brands, generating more than USD800m in annual revenues, while ABRH
has over 220 owned restaurants and almost 140 franchised outlets.
Alexander's Corporation may elect to receive per share $12 in cash or a combination of $3 cash and one share of ABRH Class A common stock, subject to proration at closing so that shareholders of the Company will receive a total of 49.
In connection with the proposed transaction, ABRH and J.
Steve has been extremely effective in directing Max & Erma's turnaround," said Hazem Ouf, ABRH
Village Inn and Bakers Square have never shipped pies, even though loyalists have begged us to do so for years," said Hazem Ouf, ABRH
president and CEO.
Ouf said Sanning's background, which includes working for a number of major restaurant chains, advertising agencies and consumer brands, made her the ideal CMO for ABRH
Acquired last September by Denver-based ABRH
, the casual dining chain, known for its fun, quirky personality, has undergone a remarkable transformation.
chose the ArrowStream OnDemand solution to eliminate manual processes, achieve streamlined and efficient order and price management processes, and deliver real-time inventory visibility.
She also has extensive experience in corporate communication and has held management positions with Servus Financial Corporation (now Wells Fargo), the National Rifle Association, The Tobacco Institute, American Express Company and ABRH