Dave & Buster's, Inc. Stockholders Approve Merger with Affiliate of Wellspring Capital Management LLC
28 Februar 2006 - 10:01PM
Business Wire
Dave & Buster's, Inc. (NYSE:DAB), a leading operator of upscale
restaurant/entertainment complexes, announced that today, at a
special meeting of stockholders, the Company's planned merger with
an affiliate of Wellspring Capital Management LLC was approved.
Approval of the merger required the affirmative vote of at least
two-thirds of the Company's common stock outstanding on the record
date of January 18, 2006. The Company currently expects that the
merger will close on or about March 8, 2006. Closing of the merger
is subject to the continued satisfaction or waiver of the
conditions set forth in the merger agreement. For additional
information relating to the merger, please refer to the Company's
filings with the SEC. Celebrating over 23 years of operations, Dave
& Buster's was founded in 1982 and is one of the country's
leading upscale, restaurant/entertainment concepts with 46
locations throughout the United States and in Canada. More
information on the company, including the latest investor
presentation is available on the company's Website,
www.daveandbusters.com. "Safe Harbor" Statement under the Private
Securities Litigation Reform Act of 1995: Statements in this press
release regarding Dave & Buster's business which are not
historical facts are "forward-looking statements" that involve
risks and uncertainties. For a discussion of such risks and
uncertainties, which could cause actual results to differ from
those contained in the forward-looking statements, see "Risk
Factors" in the company's Annual Report or Form 10-K for the most
recently ended fiscal year.
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