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May 2001

Il Fornaio Announces Amended Merger Agreement

CORTE MADERA, Calif.--(BUSINESS WIRE)--May 2, 2001--Il Fornaio (America) Corporation (Nasdaq: ILFO), an authentic Italian restaurant and bakery company with locations across the United States, announced today that its Board of Directors, following the recommendation of a Special Committee of the Board composed of independent directors, has approved an amended merger agreement with Manhattan Acquisition Corp. (``Newco''), an affiliate of Bruckmann, Rosser, Sherrill & Co., L.L.C. (``BRS''). Under the terms of the amended merger agreement, the...