Fiesta: Fiesta's $225 Million Private Equity Sale Draws Investor Lawsuit
Investors sued Fiesta Restaurant Group Inc. in Delaware over fears that an activist investor looking for an all-cash buyout may have pushed the company to spurn a superior bid when it agreed to a $225 million private equity sale.
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Fiesta is a Texas-based firm that owns and operates a chain of restaurants offering food products such as quesadillas, hand-rolled flautas, burritos and tacos for individuals.
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