Baird Downgrades Ignite Restaurant Group (IRG) to Neutral
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Raymond James Downgrades Ignite Restaurant Group (IRG) to Outperform
February 8, 2013 8:06 AM ESTRaymond James downgraded Ignite Restaurant Group (NASDAQ: IRG) from Strong Buy to Outperform with a price target of $15.00 (from $17.00) following recent acquisition of Macaroni Grill.
For an analyst ratings summary and ratings history on Ignite Restaurant Group... More
Ignite Restaurant (IRG) Buys Romano's Macaroni Grill for $55M
February 6, 2013 5:43 PM ESTIgnite Restaurant Group (Nasdaq: IRG) agreed to acquire Romano's Macaroni Grill for approximately $55.0 million in an all-cash transaction from private equity firm Golden Gate Capital, management and investors.
The acquisition will be funded through a $50 million upsizing of the Company's existing credit... More
