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Restaurant Industry News |
Wednesday December 3rd, 2008 |
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Noble Roman's Evaluating Strategies to Enhance Shareholder Value |
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Indianapolis based Noble Roman's, Inc. (BULLETIN BOARD: NROM) today announced that it is evaluating various strategies to enhance shareholder value and has retained Roth Capital Partners as its exclusive financial advisor. |
The company anticipates that a range of options will be presented as a result of this analysis, which the company will then review in consultation with its board of directors and advisors. Although the company is dedicated to maximizing value for all of its stakeholders, there can be no assurance of any particular outcome or course of action. The company will only discuss developments of this exploration process if and when its board of directors decides upon a definitive course of action.
Noble Roman's, Inc. is the franchisor of Noble Roman's Pizza and Tuscano's Italian Style Subs for non-traditional and traditional franchises in 45 states, plus a limited number of international franchises primarily in military bases. Noble Roman's was founded in 1972 and its franchise concepts are marketed based on high quality pizza and sub related products, simple operating systems, fast service times, labor minimizing operations, attractive food costs and overall affordability.
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