CARLSBAD Calif. The parent to the 195-unit Rubio’s Fresh Mexican Grill chain has rejected the unsolicited $80 million buyout proposal that came earlier this month from an investor group. The board of directors of Rubio’s Restaurants Inc. voted unanimously to turn down the $8-per-share buyout offer from a group including Alex Meruelo, a developer and Rubio’s investor, and Levine Leichtman Capital Partners IV LP, a private equity firm, Rubio’s said in a statement this week. ...
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?