VAN NUYS Calif. UWink Inc., parent to three technology-focused restaurants, said last week it would seek to go private and spin off its technology division to reduce expenses and focus on its restaurant business. The company, which was founded by Chuck E. Cheese’s creator Nolan Bushnell, is offering 50 cents per share to investors who own 99 shares or fewer, known as “odd-lot” investors. UWink, which is an over-the-counter stock, said odd-lot stockholders represent about 66 percent of ...
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Contact: Desiree Torres Desiree.Torres@penton.com