Engaged Capital Urges Del Frisco's (DFRG) to Explore Strategic Alternatives
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Del Frisco's (DFRG) Adopts Poison Pill Amid Unusual Trading in its Stock
December 6, 2018 6:41 AM ESTDel Friscos Restaurant Group, Inc. (NASDAQ: DFRG) announced today that its board of directors unanimously adopted a shareholder rights plan to protect the best interests of all Del Friscos shareholders.
Del Friscos recently observed unusual and substantial activity in the Companys shares. The Rights Plan is designed to allow all Del Friscos shareholders to realize the long-term value of their investment by reducing the likelihood that any person or group would gain control of Del Friscos through open market accumulation without appropriately compensating the Company's shareholders for such control or... More
