Mortons Restaurant Group, Inc. (NYSE: MRT) announced that it has signed a definitive agreement with Tilman J. Fertitta's wholly-owned company Fertitta Morton's Restaurants Inc., an affiliate of Landrys.
Tilman J. Fertitta announced today that his wholly-owned company, Fertitta's Morton's Restaurants, Inc. and is wholly owned subsidiary Fertitta Morton's Acquisition, Inc. have signed an Agreement to acquire 100% of Morton's Restaurant Group, Inc. (NYSE: MRT) for $6.90 a share.
Loss from continuing operations attributable to controlling interest was $(2.4) million, or $(0.15) per diluted share, for the three month period ended October 2, 2011, compared to a loss of $(2.1) million, or $(0.13) per diluted share, for the three month period ended October 3, 2010.
Mortons Restaurant Group, Inc. (NYSE: MRT) announced today that, with the support of affiliates of Castle Harlan, Inc. and Laurel Crown Partners, LLC, its two largest current shareholders, the Company's Board of Directors has authorized the exploration of strategic alternatives to enhance shareholder value, which may include a potential sale of the Company.
Fourth Quarter Revenues Increased 6.2% to $84.1 Million from $79.2 Million Revenues for Mortons Comparable Restaurants Increased 5.3% Company Provides Guidance for Fiscal First Quarter and Full Year 2011
Third Quarter Revenues Increased 3.9% to $66.2 Million from $63.7 Million Revenues for Mortons Comparable Restaurants Increased 3.2% Company Provides Guidance for Fiscal Fourth Quarter and Revised Full Year 2010
AmREIT, Inc. announced that it has signed a lease with Mortons Restaurant Group, Inc. for a new Mortons Steakhouse to anchor AmREITs Uptown Plaza shopping center at the intersection of N. Pearl St. and McKinney Avenue in the prestigious Uptown area of Dallas, Texas.