Restaurant News Resource - Main Street Restaurant Industry News

Briad Main Street and Main Street Restaurant Group Announce Completion of Tender Offer

Main Street Restaurant Group, Inc. (NasdaqNM:MAIN) announced that it has entered into a definitive agreement to be acquired by Briad Main Street, Inc., a wholly owned subsidiary of The Briad Group, for $6.40 per share in cash.

For the quarter, the company generated revenues of $59.1 million, a 7.8% increase compared with the year-ago quarter.

For the quarter, Main Street Restaurant Group generated record revenues of $61.7 million, a 9% increase compared to the $56.6 million in revenue for the comparable period in 2004.

Main Street Restaurant Group Inc. (Nasdaq: MAIN) announced its board of directors has elected Michael Rawlings as a director.

Main Street Restaurant Group, Inc. Announces the Adoption of a Stockholder Rights Plan

Main Street Restaurant Group Inc. (NASDAQ: MAIN), the world's largest franchisee of T.G.I. Friday's restaurants, the owner and operator of the Bamboo Club - Asian Bistro, the Redfish Seafood Grill and Bar, and Alice Cooper'stown restaurant concepts, today announced its operating results for the first quarter ended March 28, 2005.

Main Street Restaurant Group Inc. (Nasdaq: MAIN), the world's largest franchisee of T.G.I. Friday's restaurants, the owner and operator of the Bamboo Club - Asian Bistro, the Redfish Seafood Grill and Bar, and Alice Cooper'stown restaurant concept in Cleveland, today announced its operating results for the third quarter ended Sept. 27, 2004.

Announced that, as part of its ongoing efforts to improve its competitive standing, it has hired William D. Jacoby III as vice president of marketing.

Main Street and Main Inc., the world's largest franchisee of TGI Friday's restaurants, the owner and operator of the Bamboo Club - Asian Bistro, and Redfish Seafood Grill and Bar restaurant concepts, today announced its operating results for the fourth quarter and year ended Dec. 29, 2003.