Del Frisco's Restaurant Group Inc Announces Pricing Of Secondary Public Offering

Thursday, 7 Mar 2013 06:29pm EST 

Del Frisco's Restaurant Group Inc announced the pricing of a registered secondary public offering of 4,750,000 shares of common stock at a price of $17.00 per share. The underwriters have a 30 day option to purchase up to an additional 712,500 shares. All shares are being sold by the Company's largest shareholder, an affiliate of Lone Star Funds. Del Frisco's will not receive any proceeds from the sale of these shares. Settlement of the offering is expected to occur on March 13, 2013. Deutsche Bank Securities, Piper Jaffray, and Wells Fargo Securities are serving as joint book-running managers for the offering. Cowen and Company and Raymond James are serving as co-managers for the offering. 

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