OUTBACK STEAKHOUSE ANNOUNCES PLANNED STOCK OFFERING
OUTBACK STEAKHOUSE ANNOUNCES PLANNED STOCK OFFERING TAMPA, Fla., Dec. 11 /PRNewswire/ -- Outback Steakhouse, Inc.
(NASDAQ: OSSI) announced today that in late December 1991 it expects to file a Registration Statement with the Securities and Exchange Commission for a public offering of 1,950,000 shares of its common stock (after giving effect to the previously announced three-for-two stock split being paid in the form of a stock dividend on Dec. 16, 1991). The company expects to sell 900,000 shares in the offering. 1,050,000 additional shares are proposed to be sold by certain selling stockholders. The company intends to use the proceeds from the offering to finance the development of restaurants in 1992 and 1993.
-0- 12/11/91 /CONTACT: Robert S. Merritt of Outback Steakhouse, Inc., 813-282-1225/ (OSSI) CO: Outback Steakhouse, Inc. ST: Florida IN: LEI SU: OFR
SS-AW -- FL002 -- 1327 12/11/91 09:26 EST
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|Date:||Dec 11, 1991|
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