Engaged Capital Urges Del Frisco's (DFRG) to Explore Strategic Alternatives
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Engaged Capital Urges Del Frisco’s Restaurant Group, Inc. to Explore Strategic Alternatives
December 6, 2018 6:00 AM ESTDFRGs compelling dining concepts are undervalued by public shareholders The Boards approval of the Barteca acquisition, compounded by managements weak operating performance, has destroyed substantial shareholder value A sale of DFRG today, in whole or in parts, presents the most attractive risk-adjusted return for shareholders
NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- Engaged Capital, LLC, an investment firm specializing in enhancing the value of small and mid-cap North American equities, today sent a letter to the Board of Directors of Del Friscos Restaurant Group, Inc. (NASDAQ:... More
