BFX Hospitality Group, Inc. Announces Completion of Merger.Business Editors FORT WORTH, Texas--(BUSINESS WIRE)--Dec. 22, 2000 BFX BFX Bitware Fax Hospitality Group, Inc. (AMEX AMEX See: American Stock Exchange :BFX) announced today that the Company's previously approved Plan and Agreement of Merger between the Company and Hospitality Concepts, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , has been completed. Pursuant to this Plan, Hospitality Concepts, LLC acquired all of the outstanding common stock of the Company for $2.25 per share. First Union National Bank has been appointed as the exchange agent for purposes of payment of the merger consideration. Stockholders of BFX Hospitality Group, Inc. will be notified by First Union National Bank regarding the payment procedures. Hospitality Concepts, LLC was formed by Robert Robert, Henry Martyn 1837-1923. American army engineer and parliamentary authority. He designed the defenses for Washington, D.C., during the Civil War and later wrote Robert's Rules of Order (1876). Noun 1. H. McLean, former Chairman of the Board and Chief Executive Officer of BFX Hospitality Group, Inc. In addition to Mr. McLean, members of the buy-out buy·out also buy-out n. 1. The purchase of the entire holdings or interests of an owner or investor. 2. The purchase of a company or business: group include Robert Korman, Frank J. Milan, Terry Kearney, Walter D. Rogers, Jr., and Hampton Hodges, all former officers or directors of BFX Hospitality Group, Inc. |
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