Alan Vituli Endorses JCP's Efforts to Reconstitute Board of Fiesta Restaurant Group
Fiesta Restaurant Group, Inc. (FRGI)
Last fiesta restaurant group, inc. earnings: 2/26 04:05 pm
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US:NASDAQ Investor Relations:
frgi.com/investor-relations/default.aspx
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Source: PR Newswire
HOUSTON, Feb. 9, 2017 /PRNewswire/ -- JCP Investment Management, LLC, together with its affiliates and the other participants in its solicitation (collectively, "JCP" or "we"), collectively one of the largest stockholders of Fiesta Restaurant Group, Inc. ("Fiesta" or the "Company") (NASDAQ:FRGI), with aggregate ownership of approximately 7.1% of the Company's outstanding shares, announced today that experienced restaurant executive Alan Vituli has endorsed JCP's efforts to elect John B. Morlock, James C. Pappas and Joshua E. Schechter at the Company's upcoming 2017 annual meeting of stockholders (the "Annual Meeting").James C. Pappas of JCP commented, "We believe Alan's first-hand knowledge of Fiesta as the former Chairman and CEO of Carrols, which owned Fiesta through 2012, will prove invaluable in our efforts to increase value for stockholders." Mr. Pappas continued, "We are thrilled to have someone as widely respected in the restaurant community as Alan Vituli endorse our campaign
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