HOUSTON A special committee of the board of Landry’s Restaurants Inc. has retained Cowen and Co. as its independent financial adviser to consider the $1.3 billion proposal by chairman and chief executive Tilman J. Fertitta to take the company private. Fertitta proposed a deal on Jan. 27 to acquire all outstanding common stock for $23.50 per share in cash, or about $380 million, representing a 40-percent premium over the stock’s Jan. 25 closing price. Including debt, the proposed deal ...

Register to view this article

It’s free but we need to know a little about you to continually improve our content.

Why Register?

Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.

 

Attention Print Subscribers:  While you have already been granted free access to the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!

Already purchased this? here.