- Headquarters: Dallas, TX
- fogodechao.com
- Founded: 1995
- Number of employees: 100
- Headquarters: New York City, NY
- rhonegroup.com
- Founders: Robert Agostinelli, Steven Langman
Fogo de Chao to be acquired by Rhone Capital for $15.75/share in cash, or approximately $560 mln
The transaction is the result of a comprehensive strategic alternatives review process taken by the Company's Board of Directors. The transaction has been unanimously approved by Fogo's Board of Directors. Funds affiliated with Thomas H. Lee Partners, L.P. and certain of Fogo's directors and executive officers, which collectively hold more than 60 percent of Fogo's shares, have approved the transaction by written consent. The acquisition is expected to be completed during the second calendar quarter of 2018, subject to regulatory approvals and other customary closing conditions.
No comments:
Post a Comment