Del Frisco's Restaurant Group, Inc. Announces Pricing of Secondary Public
SOUTHLAKE, Texas, March 7, 2013 (GLOBE NEWSWIRE) -- Del Frisco's Restaurant
Group, Inc. (Nasdaq:DFRG), the owner and operator of the Del Frisco's Double
Eagle Steak House, Sullivan's Steakhouse, and Del Frisco's Grille restaurant
concepts, today announced the pricing of a registered secondary public
offering of 4,750,000 shares of common stock at a price of $17.00 per share.
The underwriters have a 30 day option to purchase up to an additional 712,500
shares. All shares are being sold by the Company's largest shareholder, an
affiliate of Lone Star Funds. Del Frisco's will not receive any proceeds from
the sale of these shares. Settlement of the offering is expected to occur on
March 13, 2013.
Deutsche Bank Securities, Piper Jaffray, and Wells Fargo Securities are
serving as joint book-running managers for the offering. Cowen and Company and
Raymond James are serving as co-managers for the offering.
A registration statement relating to these securities was declared effective
by the Securities and Exchange Commission on March 7, 2013.This offering is
being made solely by means of a prospectus.Copies of the prospectus relating
to the offering may be obtained from: Deutsche Bank Securities Inc.,
Attention: Prospectus Group, 60 Wall Street, New York, NY 10005-2836, by email
to firstname.lastname@example.org, or by telephone at (800) 503-4611; Piper Jaffray &
Co., Attention: Prospectus Department, 800 Nicollet Mall, Suite 800,
Minneapolis, MN 55402, by email to email@example.com, or by telephone at
(800) 747-3924; or Wells Fargo Securities, LLC, Attention: Equity Syndicate
Department, 375 Park Avenue, New York, NY 10152, by email to
firstname.lastname@example.org, or by telephone at (800) 326-5897.
This press release shall not constitute an offer to sell or a solicitation of
an offer to buy, nor shall there be any sale of these securities in any state
or jurisdiction in which such an offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of any such
state or jurisdiction.
About Del Frisco's Restaurant Group, Inc.
Based in Southlake, TX, Del Frisco's Restaurant Group owns and operates three
contemporary, high-end, complementary restaurant concepts: Del Frisco's Double
Eagle Steak House, Sullivan's Steakhouse, and Del Frisco's Grille. The Company
currently operates 34 restaurants across 19 states and Washington, DC. Each of
its three concepts offers steaks and other menu selections, such as chops and
fresh seafood, complemented by an extensive wine selection.
CONTACT: Investor Relations Contact:
Media Relations Contact:
Liz Brady DiTrapano
Press spacebar to pause and continue. Press esc to stop.