CARLSBAD Calif. Rubio’s Restaurants Inc. has received a buyout offer of $5 per share, or $49.75 million, from private-equity firm and 5.9-percent stakeholder Kelly Capital Investments LLC, the company said Friday. San Diego-based Kelly Capital sent a letter to Rubio’s chairman, Ralph Rubio, dated Oct. 15 that requested discussions on “a friendly transaction that retains key management and staff.”The $5-per-share offer for all 9.95 million outstanding shares represented a 26-percent ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
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 NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?
Contact: Desiree Torres Desiree.Torres@penton.com