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.

Why Register?

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:Brian Galletta(813) 627-6722Brian.galletta@penton.comorDesiree Torres(813)-627-6792Desiree.Torres@penton.com

Already registered? here.