Mon
Oct 16 2017
10:39 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...

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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 ...

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