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...
BRS to acquire Il Fornaio, Eyes Sale of Au Bon Pain
Nation's Restaurant News, November 27, 2000 -- As Bruckmann, Rosser, Sherrill & Co. this month agreed to buy upscale Italian dinner-house operator Il Fornaio for about $93 million, sources close to BRS said it is poised to sell the Au Bon Pain chain to Compass Group North America. Confirmation of the Au Bon Pain sale could not be obtained officially by presstime either from BRS or Charlotte, N.C.-based Compass, an arm of the British hospitality giant...