Florescue Buys More Morton's Stock
While Barry Florescue rails against the management of Morton's Restaurant Group for dragging down the company's stock price, he has been shopping for more shares.
Florescue's company, BFMA Holdings, bought 25,000 more shares of Morton's on Sept. 25, according to an
SEC filing. Florescue paid $8.05 a share, taking advantage of a 70% decline in Morton's stock since May, when he offered $28.25 a share for the company.
Florescue now owns 427,600 shares of Morton's, or 10.2% of the outstanding stock.
Florescue's company, BFMA Holdings, bought 25,000 more shares of Morton's on Sept. 25, according to an
Florescue now owns 427,600 shares of Morton's, or 10.2% of the outstanding stock.
In addition, make sure to read these articles:
- Triarc Confirms Negotiations with RTM Restaurant Group Concerning Combination of Arby'...
- N.U. Pizza Holding Corp. Acquires Exclusive Development Rights for Steakhouse Operation.
- Triarc Files 12B-25 Extension for Form 10-K.
- Caswell-Massey is Acquired by The Equitium Group.
- Marietta announces first quarter results.
- Newsline
- The Equitium Group Acquires Caswell-Massey.
- Florescue: Morton's Is Stalling
- Newsline
- Florescue To Morton's: I'm Still Watching
- Morton's Had Interest From 15 Potential Buyers
- Morton's Questions Florescue's Funding
- Florescue: Financing Has Expired
- Florescue: Morton's Used 9/11 To Drive Down Price
- Morton's Sets July 23 Stockholder Meeting
NEW YORK -- Triarc Companies, Inc. (NYSE: TRY; TRY.B) confirmed today that it is engaged in negotiations to combine Triarc's Arby's(R) restaurant business, including ......
Business Editors LOS ANGELES--(BUSINESS WIRE)--Feb. 6, 2001 Numero Uno Pizza (OTCBB:NUPZ) announced today that the company has acquired the exclusive development rights for Red River ......
NEW YORK -- Triarc Companies, Inc. (NYSE: TRY; TRYB) announced today that it intends to file a Form 12b-25 with the Securities and Exchange ......
EDISON, N.J. -- Caswell-Massey, the country's original purveyor of luxury personal grooming products, has announced that it has been acquired by The Equitium Group....
CORTLAND, N.Y.--(BUSINESS WIRE)--Jan. 29, 1996--Marietta Corp. ("Marietta")(NASDAQ:MRTA) announced today the financial results for the first quarter ended Dec. 30, 1995. Net sales for the first ......
Holbrook Joins Rare Board ......
MIAMI -- The Equitium Group, a Miami-based investment firm focused on the health and beauty as well as the luxury products and services industries, ......
Morton's Restaurant Group is delaying any move to merge or sell the company because it doesn't want to act, shareholder Barry Florescue charged yesterday.
Icahn Buys Morton's Stake ......
The country may be at war and the restaurant industry in its worst slump in 10 years, but Barry Florescue wants Morton's Restaurant Group to ......
Some 15 suitors showed interest in buying Morton's Restaurant Group, but nearly all withdrew over money, confidentiality rules, or the possibility of litigation.
Morton's Restaurant Group claims takeover specialist Barry Florescue doesn't really have the resources to buy the company.
Morton's Restaurant Group shareholder Barry Florescue admitted last week that a financing commitment from Carl Icahn has indeed expired.
Morton's Restaurant Group shareholder Barry Florescue yesterday accused management of cynically using the Sept. 11 attacks to drive down the price of the company, enabling ......
Morton's Restaurant Group has decided to hold its annual shareholder meeting July 23, at which time a vote will be taken on the company's proposed ......
Email
Digg It
del.icio.us
Related Resources
Business Resources
Sponsored Links
Site Map | Contact Us | FAQs | About Us | Media Kit | Reprints | RSS Directory | Sign Up for Free Newsletters | Disclosure Policy
Copyright © 1999 - 2008 AllBusiness.com, Inc. All rights reserved.
No part of this content or the data or information included therein may be reproduced,
republished or redistributed without the prior written consent of AllBusiness.com.
Use of this site is governed by our Copyright and Intellectual Property Policy, Terms of Use Agreement and Privacy Policy.
© Copyright 2001 Nielsen Business Media, Inc. All rights reserved.
You may not repost, republish, reproduce, package and/or redistribute the content of this page,
in whole or in part, without the written permission of the copyright holder.
Get In-Depth Company Information from Hoover's | Buy a D&B Credit Report | What is in Your Company's D&B Credit Report? | Article Archives
Online Business Database | Online Business Information | Email Marketing Lists | Sales and Marketing Solutions | Business Mailing Lists
Online Business Database | Online Business Information | Email Marketing Lists | Sales and Marketing Solutions | Business Mailing Lists
Information and opinions on AllBusiness.com solely represent the thoughts and opinions of the authors and are not endorsed by, or reflect the beliefs of,
AllBusiness.com, its parent company D&B, and its affiliates.
AllBusiness.com, its parent company D&B, and its affiliates.
