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

Wednesday, 13 Mar 2013 04:00pm EDT 

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

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12:12pm EDT