Key Developments: Ark Restaurants Corp (ARKR.O)

ARKR.O on Consolidated Issue listed on NASDAQ Global Market

21.60USD
23 Apr 2014
Price Change (% chg)

$-0.10 (-0.47%)
Prev Close
$21.70
Open
$21.70
Day's High
$21.71
Day's Low
$21.05
Volume
4,381
Avg. Vol
2,528
52-wk High
$22.96
52-wk Low
$20.00

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Latest Key Developments (Source: Significant Developments)

Ark Restaurants Corp announces declaration of dividend
Friday, 28 Feb 2014 04:17pm EST 

Ark Restaurants Corp:Declares its regular quarterly dividend of US$0.25 per share.Payable on Apr. 4 to shareholders of record at the close of business on Mar.14.  Full Article

Ark Restaurants Corp announces declaration of dividend
Wednesday, 4 Dec 2013 04:51pm EST 

Ark Restaurants Corp:Says the Board has declared its regular quarterly dividend of $0.25 per share on the company's common stock to be paid on Dec. 30, 2013 to shareholders of record at the close of business on Dec. 16, 2013.  Full Article

Ark Restaurants Corp's Ark Rustic Inn LLC enters into asset purchase agreement with W and O, Inc-Form 8-K
Tuesday, 26 Nov 2013 05:15pm EST 

Ark Restaurants Corp:Says through a wholly-owned subsidiary, Ark Rustic Inn LLC, entered into an Asset Purchase Agreement with W and O, Inc. to purchase the Rustic Inn Crab House, a restaurant and bar in Dania Beach, Florida.Says the purchase price is $7,500,000 plus allocated inventory.Says the acquisition is scheduled to close on or before Feb. 28, 2014.  Full Article

Ark Restaurants Corp Announces Declaration Of Dividend
Tuesday, 17 Sep 2013 03:50pm EDT 

Ark Restaurants Corp announced that the Board of Directors declared its regular quarterly dividend of USD0.25 per share on the Company's common stock to be paid on October 8, 2013 to shareholders of record at the close of business on September 26, 2013.  Full Article

Ark Restaurants Corp Declares Quarterly Dividend
Wednesday, 12 Jun 2013 03:47pm EDT 

Ark Restaurants Corp announced that the Board of Directors declared its regular quarterly dividend of $0.25 per share on the Company's common stock to be paid on July 2, 2013 to shareholders of record at the close of business on June 21, 2013.  Full Article

Ark Restaurants Corp Declares Quarterly Dividend
Wednesday, 6 Mar 2013 04:20pm EST 

Ark Restaurants Corp announced that the Board of Directors declared its regular quarterly dividend of $0.25 per share on the Company's common stock to be paid on April 4, 2013 to shareholders of record at the close of business on March 20, 2013.  Full Article

Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Ark Restaurants Corp
Tuesday, 12 Feb 2013 05:44pm EST 

Levi & Korsinsky announced that it is investigating the Board of Directors of Ark Restaurants Corp for possible breaches of fiduciary duty and other violations of state law in connection with the proposed sale of the Company to Landry's, Inc. Under the terms of the proposed transaction, Ark shareholders would receive $22 in cash for each share of Ark stock they own. The transaction has a total approximate value of $71 million. The investigation concerns, among other things, whether the proposed consideration to be paid to Ark shareholders is unfair, inadequate, and substantially below the fair or inherent value of Ark.  Full Article

Landry's Inc Announces Offer To Acquire Ark Restaurants Corp
Wednesday, 6 Feb 2013 10:05pm EST 

Landry's Inc announced that it is prepared to enter into negotiations to acquire all of the outstanding capital stock of Ark Restaurants Corp. (Ark or the Company) for $22.00 per share in cash, which represents a 22.0% premium to the closing price of the Company's common stock on February 6, 2013, a 28.5% premium to the average closing price over the past 30 days and a 31.5% premium to the average closing price over the past 90 days. Given this significant premium and the thin trading market for the Company's stock, which had an average daily trading volume of 3,921 and 4,125 shares over the past 30 days and 90 days, respectively, the Company believe this proposal would provide Ark's stockholders immediate liquidity and an immediate opportunity to maximize their investment in the Company. Landry's already has the cash available to it through its parent company, Fertitta Entertainment, Inc.  Full Article

Ark Restaurants Corp Declares Quarterly Dividend
Thursday, 29 Nov 2012 12:34pm EST 

Ark Restaurants Corp announced that the Board of Directors declared its regular quarterly dividend of $0.25 per share on the Company's common stock to be paid on December 28, 2012 to shareholders of record at the close of business on December 14, 2012.  Full Article

Ark Restaurants Corp Declares Dividend
Tuesday, 4 Sep 2012 03:01pm EDT 

Ark Restaurants Corp announced that the Board of Directors declared its regular quarterly dividend of 25 cents per share on the Company's common stock to be paid on October 2, 2012 to shareholders of record at the close of business on September 20, 2012.  Full Article

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