Cucos, Inc. to Seek Strategic Combination.Business Editors NEW ORLEANS--(BUSINESS WIRE)--Jan. 18, 2000 Cucos, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CUCO), a Metairie, Louisiana Metairie (local pronunciations /ˈmɛtəɹi/, /ˈmɛtɹi/) is a suburb of New Orleans. based Mexican Mexican named after or originating in Mexico. Mexican axolotl see ambystomamexicanum. Mexican beaded lizard (Heloderma horridum restaurant chain, announced today that its Board of Directors has formally decided to pursue a strategic business combination, which may include the sale of the company. Pursuant to this decision the Board has retained Legacy Capital (www.legacycapital.com), a New Orleans New Orleans (ôr`lēənz –lənz, ôrlēnz`), city (2006 pop. 187,525), coextensive with Orleans parish, SE La., between the Mississippi River and Lake Pontchartrain, 107 mi (172 km) by water from the river mouth; founded based investment banking firm, to assist in the process. On November 1, 1999 the company announced it would explore alternatives to enhance shareholder value. "Today's announcement is the latest step in the Board's effort to bring increased value to our shareholders," said Frank J. Ferrara, Jr., the company's Chairman. "The Board firmly believes that a strategic combination will unlock the true value of the company's individual restaurants, which continue to perform well." Cucos is a full service Mexican restaurant chain consisting of twelve company-owned restaurants and five franchise restaurants located primarily in the Southeastern 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. . Source: Cucos, Inc. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion