![]() INVESTORS AND STOCKHOLDERS OF RUTH'S ARE URGED TO READ THESE DOCUMENTS CAREFULLY WHEN THEY BECOME AVAILABLE (AND EACH AS IT MAY BE AMENDED OR SUPPLEMENTED FROM TIME TO TIME) BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION THAT INVESTORS AND STOCKHOLDERS OF RUTH'S SHOULD CONSIDER BEFORE MAKING ANY DECISION REGARDING TENDERING THEIR SHARES IN THE OFFER. THE TENDER OFFER MATERIALS (INCLUDING AN OFFER TO PURCHASE, A RELATED LETTER OF TRANSMITTAL AND CERTAIN OTHER OFFER DOCUMENTS) AND THE SOLICITATION/RECOMMENDATION STATEMENT WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED ACQUISITION AND THE PARTIES THERETO. At the time the tender offer is commenced, Darden and Merger Sub will file a tender offer statement on Schedule TO, and Ruth's will file a solicitation/recommendation statement on Schedule 14D-9 (the "Solicitation/Recommendation Statement") with the SEC with respect to the tender offer. (the "Company" or "Ruth's") common stock will only be made pursuant to the tender offer materials that Darden and Merger Sub intend to file with the SEC. A solicitation and offer to buy outstanding shares of Ruth's Hospitality Group, Inc. This communication is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell any securities, nor is it a substitute for the tender offer materials that Darden and a wholly-owned subsidiary of Darden ("Merger Sub") will file with the United States Securities and Exchange Commission (the "SEC") upon commencement of the tender offer. The tender offer described above has not yet commenced. as measured by the total number of Company-owned and franchisee-owned restaurants, with more than 150 Ruth's Chris Steak House locations worldwide specializing in USDA Prime grade steaks served in Ruth's Chris' signature fashion – "sizzling." For more information, please visit Additional Information about the Tender Offer and Where to Find It Ruth's Hospitality Group, Inc., headquartered in Winter Park, Florida, is the largest fine dining steakhouse company in the U.S. ![]() For more information, please visit About Ruth's Hospitality Group, Inc. For those who cannot listen to the live broadcast, a replay will be available on the Investor Relations section of Darden's website at: after the call.ĭarden is a restaurant company featuring a portfolio of differentiated brands that include Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze and Eddie V's. ![]() Prior to the call, a slide presentation will be posted on the Investor Relations section of Darden's website at: For those who cannot access the Internet, please dial 1-80 and provide the conference passcode 71522. To listen to the call live, please go to at least fifteen minutes early to register, download, and install any necessary audio software. The call information provided in the earlier press release was incorrect this press release is issued to provide updated call information. As previously announced, the companies will host a conference call to discuss the transaction on Thursday, May 4, 2023, at 8:30 a.m. ("Ruth's") (Nasdaq:RUTH) announced earlier today that they have entered into a definitive merger agreement pursuant to which Darden will commence a tender offer to acquire all of the outstanding shares of Ruth's for $21.50 per share, in an all-cash transaction with an equity value of approximately $715 million. ("Darden") (NYSE:DRI) and Ruth's Hospitality Group, Inc. ORLANDO, Fla., /PRNewswire/ - Darden Restaurants, Inc.
0 Comments
Leave a Reply. |