Ruby Tuesday to offer 10M shares

MARYVILLE Tenn. Ruby Tuesday Inc. said Monday it plans to offer 10 million shares of its common stock, with proceeds earmarked to pay down corporate debt.

The operator of franchisor to 901 namesake casual-dining restaurants noted that an additional 1.5 million shares are available for purchase by the underwriters to cover any overallotments. Wells Fargo Securities and Bank of America-Merrill Lynch are joint book-running managers, and SunTrust Robinson Humphrey and

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