Ruby Tuesday announces agreement to be acquired by a fund managed by NRD Capital for $2.40/share in cash; approx $335 mln
The purchase price represents a premium of approximately 37% over Ruby Tuesday's closing share price on March 13, 2017, the day before the Company announced its intention to explore strategic alternatives, and a premium of approximately 21% over Ruby Tuesday's closing share price on October 13, 2017.
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