Engaged Capital Urges Del Frisco’S Restaurant Group To Explore Strategic Alternatives [Reuters]
DEL FRISCOS RESTAURANT (DFRG)
Last del friscos restaurant earnings: 8/6 07:00 am
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Source: Reuters
Del Frisco's Restaurant Group Inc (DFRG.OQ) Key Developments | Reuters.com Dec 6 (Reuters) - Engaged Capital LLC::ENGAGED CAPITAL URGES DEL FRISCO’S RESTAURANT GROUP, INC. TO EXPLORE STRATEGIC ALTERNATIVES.ENGAGED CAPITAL - SALE OF DFRG TODAY, IN WHOLE OR IN PARTS, PRESENTS MOST ATTRACTIVE RISK-ADJUSTED RETURN FOR SHAREHOLDERS.ENGAGED CAPITAL- CURRENTLY BENEFICIALLY OWNS APPROXIMATELY 9.99% OWNERSHIP OF DEL FRISCO'S RESTAURANT GROUP.ENGAGED CAPITAL - BELIEVE THERE ARE NUMEROUS PARTIES INTERESTED IN ACQUIRING DFRG'S CONCEPTS AT VALUATIONS THAT WOULD DELIVER SIGNIFICANT PREMIUM.ENGAGED CAPITAL - DFRG CAN CREATE VALUE BY APPOINTING SHAREHOLDER REPRESENTATIVES TO BOARD, HIRING FINANCIAL ADVISORS, FORMING STRATEGIC REVIEW COMMITTEE.ENGAGED CAPITAL - DFRG BOARD SHOULD FORM STRATEGIC REVIEW COMMITTEE OF INDEPENDENT MEMBERS TO OVERSEE PROCESS TO EVALUATE STRATEGIC ALTERNATIVES.ENGAGED CAPITAL ON DEL FRISCO'S RESTAURANT GROUP SAYS BELIEVE BARTACO HAS POTENTIAL TO BE A BLOCKBUSTER CONCEPT.ENGAG
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