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Article: Creative Restaurant Concepts Acquires 100% of Ground Floor Cafe Shares in Successful Tender Offer

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PR Newswire
Article date:
July 23, 1998
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OKLAHOMA CITY, July 23 /PRNewswire/ -- Creative Restaurants Concepts Inc., (OTC Bulletin Board: CRCG) today announced it has successfully completed the acquisition of 100 percent of Ground Floor Cafe Corporation through a tender offer.

Ground Floor Cafes has Oklahoma City locations in Nichols Hills Plaza, Leadership Square and Mathis Brothers Furniture Store.

"This acquisition is excellent news for our shareholders," said Joseph Johnston, president of CRCG. "Results continue to improve at Ground Floor's three Oklahoma City units with sales in June higher than any in the last 12 months.

"We are evaluating an expansion of the Ground Floor ...

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