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Article: Garden Fresh Restaurant Corp. Provides Update on Status of Pending $16.35 Per Share Merger.
- Article from:
- PR Newswire
- Article date:
- February 2, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Garden Fresh Restaurant Corp. , operator of the Souplantation and Sweet Tomatoes restaurants, is providing this update regarding the status of its pending merger with a subsidiary of GF Holdings, Inc. As previously announced on September 30, 2003, the definitive merger agreement provides that the stockholders of Garden Fresh will receive $16.35 per share in cash for their shares of common stock. On February 5, 2004, Garden Fresh plans to issue a separate press release announcing its financial results for the fiscal quarter ended December 31, 2003.
In connection with their currently-contemplated timeline for the closing of the merger, Garden Fresh and GF Holdings ...