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Red Robin Gourmet Burgers (RRGB) approached by Vintage Capital Management

  • July 19, 2019

POTENTIAL DEAL DETAILS

StockRed Robin Gourmet Burgers, Inc.SymbolRRGB
Date Announced07/18/2019Source Press Release
TypeUnsolicited BidAcquiring Company/Person Vintage Capital Management

Red Robin Gourmet Burgers, Inc. (RRGB) today confirmed it has received an unsolicited conditional proposal from Vintage Capital Management, LLC to acquire all of the outstanding common shares of Red Robin for $40.00 per share in cash.

Update(s):

September 05, 2019: Red Robin Gourmet Burgers, Inc. (RRGB) today announced that its Board of Directors has unanimously rejected an unsolicited, conditional proposal made on July 18, 2019, by Vintage Capital Management, LLC to acquire all of the outstanding common shares of Red Robin for $40.00 per share.

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.