Landry’s chairman ups buyout offer again

Landry’s Restaurants Inc. said Tuesday that its chairman, Tilman J. Fertitta, has upped his offer to take the restaurant and gaming company private from $14.75 per share to $21 per share, or about $341 million.

Landry’s said in a statement that Fertitta, who has been courting the company for years, increased his offer after conducting “lengthy negotiations” with a special board committee and reaching a tentative agreement with plaintiffs who had filed a lawsuit

Register to view the full article

Register to view this article

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish