Ryan's Restaurant Group, Inc. Announces Resolution of Shareholder Lawsuit
03 Octobre 2006 - 12:38AM
PR Newswire (US)
GREER, S.C., Oct. 2 /PRNewswire-FirstCall/ -- Ryan's Restaurant
Group, Inc. ("Ryan's") today reported that on September 28, 2006,
it reached an agreement in principle and subject to court approval
for the settlement of the putative shareholder class action that
was filed on July 28, 2006 in connection with the anticipated
merger between Ryan's and Buffets, Inc. As part of the agreement,
Ryan's provided certain additional information about the merger in
a Current Report on Form 8-K that was filed on September 29, 2006.
Ryan's does not consider any of this information to be material,
and the agreement does not change the purchase price or any other
terms of the merger. DATASOURCE: Ryan's Restaurant Group, Inc.
CONTACT: Fred T. Grant, Jr., Senior Vice President - Finance of
Ryan's Restaurant Group, Inc., +1-864-879-1000 Web site:
http://www.ryansrg.com/
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