Investor Alert from Cauley Bowman Carney & Williams, PLLC: Update on Proposed Acquisition of Landry's Restaurants Inc. - LNY

LITTLE ROCK, Ark., Jan. 29  /PRNewswire/ -- Cauley Bowman Carney & Williams, PLLC announces an investigation into the proposed acquisition of Landry's Restaurants Inc.  On January 28, 2008, Landry's announced that it has received a takeover offer from its Chairman, President and CEO Tilman Fertitta to acquire all of the company's outstanding stock. Under the terms of the proposal, Landry's shareholders would receive $23.50 per share in cash for each share owned.  This price per share represents an approximately 41% premium over the stock's closing price of $16.67 prior to announcement of the acquisition.

Cauley Bowman Carney & Williams, PLLC

Cauley Bowman is a national law firm that represents investors in securities fraud and corporate governance class actions.  It is one of the country's premier firms in the area of securities fraud having recovered billions of dollars for defrauded investors and secured significant corporate governance reforms.  Cauley Bowman maintains in-house finance, forensic accounting specialists and extensive trial experience.

If you are a current shareholder of Landry's Restaurants Inc. and would like to be advised of your rights in this matter, you may contact Cauley Bowman Carney & Williams, PLLC at the phone number below.

   CONTACT
   Darrin L. Williams, Esq.
   Randall K. Pulliam, Esq.
   1-888-551-9944
   

DATASOURCE: Cauley Bowman Carney & Williams, PLLC



CONTACT:  Kristi Gray of Cauley Bowman Carney & Williams, PLLC,

[phone]



Web site:  http://www.cauleybowman.com/ 

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