Ruth’s Hospitality Group, Inc. Announces Completion of its Special Meeting of Stockholders and its Common Stock Rights Offering
HEATHROW, Fla., February 10, 2010 (BUSINESS WIRE) -- Ruth’s Hospitality Group, Inc. (NASDAQ: RUTH - News) announced today that at the Special Meeting of Stockholders of the Company held on February 9, 2010, stockholders voted in favor of each of the four proposals on the meeting agenda. Stockholders representing approximately 98% of the shares present and voting approved, among other matters, the proposed sale of $25,000,000 of the Company’s newly-created Series A 10% Convertible Preferred...