(Reuters) - Last month, an investment group including private equity firms Bain Capital and Catterton Partners as well as OSI Restaurant's founders increased their offer by 3 percent to about $3.18 billion to try to win approval.
Under the merger agreement, most OSI Restaurant shareholders will be able to exchange each of their shares for $41.15. OSI Restaurant founders Chris Sullivan, Robert Basham and J. Timothy Gannon, who are participating in the acquisition, had agreed to receive only $40 a share for their shares.
Read more at Reuters.com Bonds News
Under the merger agreement, most OSI Restaurant shareholders will be able to exchange each of their shares for $41.15. OSI Restaurant founders Chris Sullivan, Robert Basham and J. Timothy Gannon, who are participating in the acquisition, had agreed to receive only $40 a share for their shares.
Read more at Reuters.com Bonds News
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