Rubio’s receives $80M buyout offer

CARLSBAD Calif. Rubio’s Restaurants Inc., the parent company to the 195-unit Rubio’s Fresh Mexican Grill chain, said late Wednesday it received an unsolicited letter from an investor group proposing an $80 million buyout offer.

The letter, which was not yet filed with federal securities regulators, came from Alex Meruelo and investment firm Levine Leichtman Capital Partners IV LP. The group offered $8 per share for all of Rubio’s stock, a 33-percent premium over

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