F&H's Offer of $16.30 Per Share is Deemed Superior to Lower Bid Made by Levine Leichtman
31 January 2006 - 12:08PM
PR Newswire (US)
DALLAS, Jan. 30 /PRNewswire/ -- F&H Acquisition Corp., an
entity owned by Newcastle Partners, L.P. and Steel Partners II,
L.P., announced today that the Board of Directors of Fox &
Hound Restaurant Group (NASDAQ:FOXX) has deemed its $16.30 per
share offer for Fox and Hound's common stock to be superior to the
lower offer made by Levine Leichtman. Mark Schwarz, the managing
member of Newcastle Partners, stated: "We are excited that the
Board has come to the conclusion that our offer of $16.30 per share
is superior to Levine Leichtman's lower offer." THIS PRESS RELEASE
IS FOR INFORMATIONAL PURPOSES ONLY AND IS NOT AN OFFER TO BUY OR
THE SOLICITATION OF AN OFFER TO SELL ANY SHARES. THE SOLICITATION
AND THE OFFER TO BUY FOX & HOUND'S COMMON STOCK IS ONLY BEING
MADE PURSUANT TO THE OFFER TO PURCHASE AND RELATED MATERIALS THAT
F&H ACQUISITION CORP. FILED WITH THE SECURITIES AND EXCHANGE
COMMISSION ON JANUARY 6, 2006, AS AMENDED JANUARY 13, 2006, AND
JANUARY 27, 2006. FOX & HOUND STOCKHOLDERS SHOULD READ THESE
MATERIALS CAREFULLY BECAUSE THEY CONTAIN IMPORTANT INFORMATION,
INCLUDING THE TERMS AND CONDITIONS OF THE OFFER. STOCKHOLDERS CAN
OBTAIN THE OFFER TO PURCHASE AND RELATED MATERIALS WITH RESPECT TO
THE TENDER OFFER FREE AT THE SEC'S WEBSITE AT WWW.SEC.GOV OR FROM
F&H ACQUISITION CORP. BY CONTACTING MACKENZIE PARTNERS, INC.
TOLL-FREE AT 1-800-322-2885 OR COLLECT AT 1-212-929-5500 OR VIA
EMAIL AT . DATASOURCE: F&H Acquisition Corp. CONTACT: Dan
Sullivan, +1-212-929-5940, or Daniel H. Burch, +1-212-929-5748,
both of MacKenzie Partners, Inc., for F&H Acquisition Corp.
Copyright
Foxx Development (NASDAQ:FOXX)
Historical Stock Chart
From Oct 2024 to Nov 2024
Foxx Development (NASDAQ:FOXX)
Historical Stock Chart
From Nov 2023 to Nov 2024