Kona Grill rejects buyout bid

SCOTTSDALE Ariz. Kona Grill Inc., owner of 19 grill-sushi casual-dining restaurants, rejected last month a going-private buyout offer from investor Mill Road Capital LP, according to a late Thursday filing with the Securities and Exchange Commission.

Mill Road, which is based in Greenwich, Conn., filed with federal regulators on Thursday its current 8.2-percent stake in Kona Grill, and revealed that it had offered to purchase all of the restaurant company’s ou

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