CRHS Acquires Harry's Pacific Grill Restaurants
Pursuant to a Share Exchange Agreement, the Custom Restaurant & Hospitality Group, Inc. (OTCBB:CRHS) acquired all of the issued and outstanding membership interests of Rancho Cucamonga Harry's Pacific Grill, LLC, a California limited liability company and Temecula Harry's Pacific Grill, LLC, a California limited liability company.
CRHS exchanged 57% of its issued and outstanding common stock with Westmoore Investment, L.P., a California limited partnership and Westmoore Partners, Inc, a California corporation (collectively 'Westmoore') for the membership interests of HPG owed by Westmoore.
Robert Jennings, CEO of the CRHS stated: 'We are pleased to complete the acquisition, we believe that this acquisition will provide us with an opportunity to grow Harry's Pacific Grill and provide liquidity for our shareholders.'
- Claire's on Cedros First San Diego Restaurant Awarded Prestigious LEED(R) Platinum Certification
- Organic Bistro Sees Sales Boost of Seafood Products As Consumers & Retailers Embrace Sustainable Fishing Practices
- Spending on Retail Technology Systems Will Exceed $20 Billion in 2014, According to ABI Research
- Money Management International Releases Frugal Foodie Guide
- Fior D'Italia Restaurant Celebrates Its 125th Year Anniversary As America’s Oldest Italian Restaurant with Menu Prices from 1886
- Johnny Rockets Rides Into Two Six Flags Theme Parks
- Spicy Pickle to Open Two Special Venues
- Rick's Cabaret International, Inc. and VCG Holding Corp. Extend Letter of Intent to Merge to March 31, 2010
- Nevistas Offers Hotel Sale Leaseback Financing Program for Flagged Hotels
- Green Mountain Coffee Roasters, Inc. Extends Tender Offer to Acquire Diedrich Coffee
