Landry's Inc. late Wednesday night said it was offering $22 per share in cash to purchase Ark Restaurant Group, a New York-based restaurant, bar and quick-service operator. With about 3.24 million outstanding shares, the value of the deal would be about $71.3 million. RELATED • Ark Restaurants president, COO resigns • Landry's Inc. to expand The Golden Nugget in Mississippi • More restaurant industry finance news Houston-based Landry’s said ...
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Contact: Desiree Torres Desiree.Torres@penton.com