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Article: CKE Restaurants, Inc. and Santa Barbara Restaurant Group, Inc. Announce the Signing of a Merger Agreement for CKE Restaurants To Acquire Santa Barbara Restaurant Group.
- Article from:
- PR Newswire
- Article date:
- December 21, 2001
CopyrightCOPYRIGHT 2001 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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SANTA BARBARA, Calif. -- CKE Restaurants, Inc. ("CKE" or "CKE Restaurants") , and Santa Barbara Restaurant Group, Inc. ("SBRG" or "Santa Barbara Restaurant Group") , today announced that they have executed the definitive merger agreement by which CKE Restaurants will acquire Santa Barbara Restaurant Group. The transaction is structured as a reverse triangular merger in which a newly formed, wholly-owned subsidiary of CKE Restaurants will merge with and into Santa Barbara Restaurant Group, with Santa Barbara Restaurant Group emerging as the surviving corporation and a wholly-owned subsidiary of CKE Restaurants.
Under the terms of the merger agreement, each share ...
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Article: California-Based CKE Restaurant Group to Buy ...
Knight Ridder/Tribune Business News;
November 20, 2001 ;
693 words
... ... struggling Hardee's chain, CKE Restaurant Group, Inc., announced Monday ... Carl's Jr., will buy the Santa Barbara Restaurant Group Inc. in a stock deal worth about $54 million. Santa Barbara Restaurant operates La Salsa ...
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