Bayport Restaurant Group shareholders approve merger agreement.HOLLYWOOD Hollywood. 1 Community within the city of Los Angeles, S Calif., on the slopes of the Santa Monica Mts.; inc. 1903, consolidated with Los Angeles 1910. , Fla.--(BUSINESS WIRE)--Aug. 1, 1996--Bayport Restaurant Group Inc. (NASDAQ/NMS:PORT) announced Thursday that, at a Special Meeting of Shareholders Wednesday, its shareholders approved the previously announced merger agreement between Bayport and Landry's Seafood Restaurants Inc. (NASDAQ/NMS:LDRY LDRY Laundry ), pursuant to which Bayport will be merged with and into a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Landry's. The merger is expected to close in the near future. Bayport operates 19 full service Crab House Seafood Restaurants located in seven states and has one additional Crab House Seafood Restaurant currently under construction in Great Neck, N.Y. CONTACT: Bayport Restaurant Group Inc., Hollywood Lisa Gonzalez, Investor Relations Investor relations The process by which the corporation communicates with its investors. , 954/967-6700 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion