SCOTTSDALE Ariz. Kona Grill Inc. could be facing a static future, the company’s second-largest shareholder said in a letter offering $27.9 million to take the company private. —After months of shareholder unrest, Following the resignation of Kona’s chief executive in mid-May, Mill Road Capital L.P. offered on May 18 to purchase the parent of the 22-unit upscale-casual chain for $4.60 a share, nearly double the May 15 closing price of ...
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!