Mon
Oct 16 2017
11:39 am
By: R. Neal  shortURL

Atlanta-based private equity firm NRD Capital has announced an agreement to acquire Ruby Tuesday for $2.40 per share. The company will also assume all of Ruby Tuesday's debt. The deal is subject to the usual shareholder and regulatory approvals and is expected to close in early 2018.

Press release...

Background on NRD...

Topics:
Metulj From the Lurkzone's picture

Heh. I had it shorted at

Heh. I had it shorted at $3.25 and paid off at $1.75 when I feared it might get delisted in March. Such a bad company run by a string of fools. I suspect he will switch it to a franchise model of some sort.

michael kaplan's picture

Maybe NRD will bring back

Maybe NRD will bring back Morrison's Cafeterias ...

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

style="display:block"
data-ad-format="autorelaxed"
data-ad-client="ca-pub-3296520478850753"
data-ad-slot="5999968558">

Upcoming events:

TN Progressive

TN Politics

Knox TN Today

Local TV News

News Sentinel

State News

Local .GOV

Wire Reports

Lost Medicaid Funding

To date, the failure to expand Medicaid/TennCare has cost the State of Tennessee ? in lost federal funding. (Source)

Search and Archives