Country Star Restaurants announces new board members.LOS ANGELES--(BUSINESS WIRE)--May 13, 1996--Country Star Restaurants Inc. (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 : CAFE, CAFEP CAFEP Certificat d'Aptitude aux Fonctions d'Enseignement du Privé (French) ) announced today that Robert E. Linton, former chairman of the board and chief executive officer of Drexel Burnham Lambert Drexel Burnham Lambert was a major Wall Street investment banking firm, which first rose to prominence and then was driven into bankruptcy in the 1980s by its involvement in illegal activities in the junk bond market, driven by Drexel employee Michael Milken. , has joined the company's board of directors. Linton is presently co-chairman of Leslie Linton Entertainment Inc., a private investment company specializing in entertainment financing. Also joining the company's board of directors is Arthur Guglielmi, a certified public accountant Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. based in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. . Robert J. Schuster, the company's chief executive officer noted that, "In adding Robert Linton and Arthur Guglielmi to the Board, the Company has found two independent directors whose business expertise will be invaluable to the Company's growth and success." Linton and Guglielmi joined the company's board in place of Pamela Lewis, who recently resigned from the company's board of directors for personal reasons, and Rex Licklider, who intended to join the company's board subsequent to the company completing its secondary offering in November 1995 but was unable to do so also for personal reasons. Remaining on the company's board of directors is Robert J. Schuster, the company's chief executive officer, Peter R. Feinstein, the company's president and chief financing officer, and David Michael Talla, the chief executive officer and chairman of the board of the Sports Club Inc., a public company that develops, owns and operates high-end athletic clubs, including the recently opened Reebok Ree´bok` n. 1. (Zool.) The peele. (R) New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Sports Club in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . The company presently anticipates opening its next Country Star Restaurant, Country Star Las Vegas, in early July. Country Star Las Vegas will be located on the "Strip" in Las Vegas. The company also anticipates establishing its retail store for Country Star Atlanta, to be located in the Buckhead section of Atlanta, prior to the Summer Olympics to be held in Atlanta in July. The company currently owns and operates Country Star Hollywood, located adjacent to the entrance of the Universal Studios Hollywood theme park and the Universal CityWalk development in Los Angeles. The company is engaged in the business of developing, constructing, owning and operating country music, theme oriented restaurants in various locations domestically and abroad. CONTACT: Country Star Restaurants Inc. Peter R. Feinstein, 310/268-2200 |
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