Press Release: Fiesta : SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation into Fairness of Fiesta Restaurant's $8.50 Per Share Stockholder Buyout Announcement - FRGI

Philadelphia, Pennsylvania--(Newsfile Corp. - August 17, 2023) - Kaskela Law LLC announces that it is investigating the fairness of the proposed buyout of Fiesta Restaurant Group, Inc. ("Fiesta") (NASDAQ: FRGI) shareholders by Authentic Restaurant Brands ("ARB") at $8.50 per share.The $8.50 per share buyout price appears to undervalue Fiesta's shares. Notably, shares of Fiesta's stock traded at over $9.00 per share less than two months prior to the announcement of the proposed buyout, and at...