Source: Benzinga

Bravo Brio Restaurant: Bravo Brio Restaurant Group Completes Merger with Spice Private Equity, an affiliate of GP Investments

COLUMBUS, Ohio, May 24, 2018 (GLOBE NEWSWIRE) -- On May 24, 2018, Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) (the "Company") announced that its contemplated merger with an affiliate of Spice Private Equity Ltd. ("Spice"), a Swiss investment company focused on private equity investments that is controlled by GP Investments, Ltd., was completed in accordance with its terms.As a result, the Company's common shares have ceased trading on the NASDAQ and have been canceled and converted into the right to receive $4.05 per share in cash, without interest and less any applicable withholding taxes.About GP Investments, Ltd.GP Investments is a leading alternative investment firm. Since its founding in 1993, GP Investments has raised $5 billion from investors worldwide and has completed investments in more than 50 companies and has executed over 20 equity capital market transactions. ...Full story available on Benzinga.com

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Est. Annual Revenue
$100-500M
Est. Employees
5.0-10K
Brad Blum's photo - Chairman & CEO of Bravo Brio Restaurant

Chairman & CEO

Brad Blum

CEO Approval Rating

69/100

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