Subscribe: 
Magazine
Newsletters
subscribe Read Magazine
Hot Topics:
Print Text: A A
Topics  AP

Del Frisco's steakhouse files to go public

By AP  | January 24, 2012
Chat Email

SOUTHLAKE, Texas (AP) — Del Frisco's Restaurant Group, a steakhouse chain based in the Dallas area, has filed regulatory papers to become a public company.

The company said Tuesday that it expects to raise up to $100 million from offering its shares to the public. It didn't say when it might go public, how many shares it might offer or how it would price the shares. It also didn't say whether it would list on the New York Stock Exchange or the Nasdaq, or what its ticker symbol would be.

Del Frisco's, based in Southlake, Texas, operates 31 restaurants in 18 states under the names Del Frisco's Double Eagle Steak House, Sullivan's Steakhouse and Del Frisco's Grille.

Del Frisco's said in a regulatory filing that it would use the money it raised to pay down debt and make a $3 million, one-time payment to the private equity firm Lone Star Fund, an affiliate of the company's owner.

The restaurant also said it believes it can open three to five new restaurants annually, including new restaurants planned for this year in Phoenix and Washington, D.C.

Print Text: A A
Topics  AP
Comments
Comment Anonymously

Cancel
Loading comments - please wait...
1 of 1 Back Next
Subscribe



TOOLS:

Stock Quote / Mutual Funds / Portfolio

Market News

More Market News
  • Popular
  • Commented
Editor's Pick

Canada's Best Jobs

Special Report: Find your future in these professions.
Poll
View the results from recent polls


twitter From Twitter
Connect
Rankings & Awards
More Awards & Rankings
Subscribe
More from the Canadian Business Network
Canada's Best Jobs 2012
rotator Wondering who's hiring, what they're paying and whether their industry is booming or dwindling? Our rankings will help you plot a practical course through today's job market.
JPMorgan and derivatives
Dice Directors don't understand them and regulators are too conflicted.
Canada's youth see little employment gains
CB_youth_unemployment Here's a silver lining for young Canadians seeking work: at least you're not looking for jobs in 1983, or in Greece.
SNC-Lavalin scandal won't hurt future business: analysts
Duhaime_CB A police raid is not a good sign, but despite the turmoil, analysts aren’t calling SNC-Lavalin a sell.
Internet too important for free-market economics
CB_world The Internet is not just a service. It's the most democratizing and equalizing technological tool ever invented.
MoneySense June 2012
ISSUE: June 2012

.

Profit cover March 2012
PROFIT: Issue - March 2012

CB07_COVER (web)
Issue: April 30, 2012

Subscribe
Back to Top
Blogs & Analysis
CSR
/
Business Ethics
/
Consumer Insight
/
Sales & Marketing
/
Performance
/
Tech
/
Business Briefings
/
Investing
Multimedia
CBN Podcasts
/
CBN Videos
/
CBN Galleries
Tools
My Portfolio
/
Discussions
/
Stock Quotes
/
Mutual Fund Lookup