Benihana National Corp., completes acquisition of founder's continental USA restaurants.
MIAMI--(BUSINESS WIRE)--May 16, 1995--Benihana National Corp. (NASDAQ NASDAQ
in full National Association of Securities Dealers Automated Quotations
U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on , NMS See NetWare Management System. :BNHN, BNHNA) today announced it had completed the acquisition of the 21 owned and licensed Benihana Benihana Can refer to: - Benihana (restaurant) Benihana's Hibachi Restaurant
- Benihana (skateboarding trick)
- Benihana, The Japanese word for safflower
Restaurants located in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. previously owned by Rocky H. Aoki, the company's founder and principal stockholder. The resulting public company, Benihana Inc., owns or licenses 44 Benihana teppanyaki style Japanese restaurants in the United States and owns all U.S. rights to the Benihana trademarks. The transaction was approved by the company's shareholders on May 1, 1995. Certificates representing shares of the company's common stock and Class A common stock will automatically represent shares of the corresponding class of Benihana Inc., without further action by shareholders.
CONTACT: Benihana National Corp., Miami
Joel Schwartz, 305/593-0770
or
Porter, LeVay & Rose, Inc.
Hal Le Vay, 212/564-4700
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