Founder Tilman Fertitta to take company private
Shareholders of Landry's Restaurants Inc. voted Monday to approve a merger with founder and chairman Tilman J. Fertitta that would take the restaurant and gaming company private. The transaction, which the Houston-based company valued at $1.4 billion, is expected to close Wednesday. Fertitta, who controls about 55 percent of Landry's shares, offered $24.50 for each share he didn't already own. In a special meeting Monday, the offer was approved by holders of a majority of shares not ...
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Contact: Desiree Torres Desiree.Torres@penton.com