Dave & Buster's, Inc. Sets Record Date for Special Meeting of Stockholders
10 Janeiro 2006 - 9:46PM
Business Wire
Dave & Buster's, Inc. (NYSE:DAB) has established a January 18,
2006 record date for a special meeting of its stockholders at a
date to be determined to consider and vote upon a proposal to
approve the merger agreement between Dave & Buster's and an
affiliate of Wellspring Capital Management LLC. On December 8,
2005, Dave & Buster's announced that it had entered into a
definitive merger agreement with an affiliate of Wellspring Capital
Management LLC, a private equity firm, pursuant to which an
affiliate of Wellspring will acquire all of Dave & Buster's
outstanding shares for $18.05 per share in cash. The merger
agreement was unanimously approved by Dave & Buster's board of
directors and is subject to approval by its stockholders at the
special meeting, which will be held at a later date. The date of
the meeting will be included in the company's proxy statement.
About Dave & Buster's Celebrating over 23 years of operations,
Dave & Buster's was founded in 1982 and is one of the country's
leading upscale, restaurant/entertainment concepts with 46
locations throughout the United States and in Canada. More
information on the company, including the latest investor
presentation is available on the company's website,
www.daveandbusters.com. "Safe Harbor" Statement under the Private
Securities Litigation Reform Act of 1995: Statements in this press
release regarding Dave & Buster's business which are not
historical facts are "forward-looking statements" that involve
risks and uncertainties. For a discussion of such risks and
uncertainties, which could cause actual results to differ from
those contained in the forward-looking statements, see "Risk
Factors" in the company's Annual Report or Form 10-K for the most
recently ended fiscal year.
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