Del Frisco’s has entered into a definitive agreement to be purchased by private-equity firm L Catterton, the companies announced June 24.
Del Frisco's Restaurant Group
Could the restaurant industry be on the verge of another major M&A shakeup? Shares of Del Frisco’s Restaurant Group spiked as much as 30 percent Monday as reports of a possible move surfaced.
Del Frisco’s Restaurant Group entered 2019 a far different company than it began 2018. From just an asset standpoint, the company’s restaurant base upped 20 percent.
Del Frisco’s Restaurant Group, Inc announced that its board of directors executed a Cooperation Agreement with Engaged Capital, LLC, Del Frisco’s third largest shareholder.
Amid activist pressure, Del Frisco's Restaurant Group said it has “commenced a comprehensive review of strategic alternatives.” This review will consider a full range of options, the company said,
Calling Del Frisco Restaurant Group’s performance as a public company “abysmal,” activist investor Engaged Capital LLC presented a straightforward solution: Sell the company.
To put it lightly, this past year has been a transformational period in Del Frisco’s history.
Texas-based Del Frisco’s Restaurant Group, Inc. today announces a new partnership with St. Jude Children’s Research Hospital.
Del Frisco’s Restaurant Group has a new chief marketing officer to lead its growing portfolio.
Boston is the first city in the country to have two Del Frisco’s Double Eagle Steakhouses.