Fiesta Restaurant Group (FRGI) Starts '16 On Better Note - Jefferies
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Fiesta Restaurant Group, Inc. Reports Fourth Quarter and Full Year 2015 Results
February 24, 2016 4:05 PM ESTCompany Announces its Intention to Separate Taco Cabana and Pollo Tropical Businesses
ADDISON, Texas--(BUSINESS WIRE)-- Fiesta Restaurant Group, Inc. (Fiesta or the Company) (NASDAQ: FRGI), parent company of the Pollo Tropical® and Taco Cabana® fast-casual restaurant brands, today reported results for the 14-week fourth quarter and 53-week full year 2015, which ended on January 3, 2016.
In addition, the Company announced that as the next step in its long-term strategy, it intends to separate the Pollo Tropical and Taco Cabana businesses in 2017 or 2018 through a tax-efficient distribution of 100% of Taco Cabanas... More
