Investor groups increase stake, ask company to seek a buyer
A group of investors who successfully pressured Red Robin Gourmet Burgers Inc. to make changes to top management last year now say the restaurant company should actively seek a buyer. In filings with the U.S. Security and Exchange Commission Friday, the Clinton Group Inc. and Spotlight Advisors LLC, who together hold about 8.95 percent of Red Robin public stock, argued that planned restructuring efforts would be better conducted as a private company. Red Robin currently trades on the Nasdaq ...
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!
