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

Thursday, 25 Jul 2013 08:31pm EDT 

Del Frisco's Restaurant Group Inc announced the pricing of a registered secondary public offering. The size of the offering has been increased to 6,000,000 shares of common stock at a price of $21.25 per share. The underwriters have a 30 day option to purchase up to an additional 900,000 shares. All shares are being sold by the Company's shareholder, an affiliate of Lone Star Funds. Del Frisco's Restaurant Group, Inc. will not receive any proceeds from the sale of these shares. Settlement of the offering is expected to occur on July 31, 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. 

Company Quote

-0.06 -0.28%
28 Jul 2014