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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Del Friscos Restaurant Group Inc | NASDAQ:DFRG | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 7.98 | 7.65 | 8.01 | 0 | 01:00:00 |
From Aug 2019 to Aug 2024
SAN DIEGO, June 24, 2019 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Del Frisco's Restaurant Group, Inc. (NASDAQ: DFRG) ("Del Frisco's") breached their fiduciary duties in connection with the proposed sale of the Company to L Catterton.
On June 24, 2019, Del Frisco's announced that it had signed a definitive merger agreement with L Catterton. Under the terms of the merger agreement, stockholders of Del Frisco's will receive $8.00 per share.
The investigation concerns whether the Del Frisco's board failed to satisfy its duties to the Company shareholders, including whether the board adequately pursued alternatives to the acquisition and whether the board obtained the best price possible for Del Frisco's shares of common stock. Nationally recognized Johnson Fistel is investigating whether the proposed deal represents adequate consideration. The 52-week high for Del Frisco's was $13.55.
If you are a shareholder of Del Frisco's and believe the proposed buyout price is too low or you're interested in learning more about the investigation or your legal rights and remedies, please contact lead analyst Jim Baker (jimb@johnsonfistel.com) at 619-814-4471. If emailing, please include a phone number.
Additionally, you can [Click here to join this action]. There is no cost or obligation to you.
About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit https://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.
Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
jimb@johnsonfistel.com
[Click here to join this action]
View original content:http://www.prnewswire.com/news-releases/del-friscos-dfrg-alert-johnson-fistel-investigates-proposed-sale-of-del-friscos-restaurant-group-is-8-00-a-fair-deal-300873396.html
SOURCE Johnson Fistel, LLP
Copyright 2019 PR Newswire
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