December 20, 2018 / 11:41 PM / a month ago

Del Frisco's looking at options including potential sale

Dec 20 (Reuters) - Del Frisco’s Restaurant Group Inc said on Thursday it is evaluating options for its business, including a possible sale.

Earlier this month, activist Engaged Capital, which owns a 9.99 percent stake in the company, pushed for Del Frisco's sale.

Del Frisco's, which owns Eagle Steak House and Frisco's Grille chains, adopted a shareholder rights plan, or "poison pill," with a 10 percent trigger to counter Engaged. (Reporting by Uday Sampath in Bengaluru Editing by James Dalgleish)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below