Thursday, April 26, 2007

OSI Restaurant says ISS recommends buyout offer

(Reuters) - Kangaroo Holdings and Kangaroo Acquisition are controlled by an investor group affiliated with private equity firms Bain Capital Partners LLC and Catterton Management Company LLC. The group is also expected to include OSI's founders and certain members of management.

On Nov. 6 last year, OSI Restaurant Partners, owner of the Outback Steakhouse chain, said it planned to go private in a $3.04 billion buyout.


Read more at Reuters.com Mergers News

No comments: