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Fiesta Restaurant Group Inc - FRGI STOCK NEWS

Welcome to our dedicated news page for Fiesta Restaurant Group (Ticker: FRGI), a resource for investors and traders seeking the latest updates and insights on Fiesta Restaurant Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Fiesta Restaurant Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Fiesta Restaurant Group's position in the market.

Rhea-AI Summary
Comvest Credit Partners Announces $115 Million Financing for Pollo Tropical Take-Private Acquisition by Authentic Restaurant Brands
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Authentic Restaurant Brands (ARB) has completed its acquisition of Fiesta Restaurant Group, Inc. (FRGI), the parent company of Pollo Tropical®. ARB plans to amplify the brand's fundamental aspects and expand its capabilities. The consideration paid to Fiesta common stockholders is $8.50 per share in cash.
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Acquisition of Fiesta Restaurant Group by Authentic Restaurant Brands expected to close in Q4 2023.
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-0.24%
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6.62%
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Fiesta Restaurant Group, Inc. (NASDAQ: FRGI) has entered into a definitive agreement to be acquired by Authentic Restaurant Brands (ARB) in an all-cash transaction. Fiesta stockholders will receive $8.50 per share. Pollo Tropical, Fiesta's restaurant brand, will remain based in Miami and operate as an independent brand within ARB. The transaction is expected to be completed in Q4 2023.
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6.62%
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-1.35%
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7.3%
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-0.24%
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1.7%
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Fiesta Restaurant Group Inc

Nasdaq:FRGI

FRGI Rankings

FRGI Stock Data

222.35M
22.25M
4.95%
107.38%
0.37%
Food Service Contractors
Accommodation and Food Services
Link
United States
Dallas

About FRGI

fiesta restaurant group, inc. is the parent company of the pollo tropical and taco cabana restaurant brands. the brands specialize in the operation of fast-casual, ethnic restaurants that offer distinct and unique caribbean and mexican inspired flavors with broad appeal at a compelling value. the brands feature made-from-scratch cooking, fresh salsa bars, and drive-thru service and catering. for more information about fiesta restaurant group, inc., visit the corporate website at www.frgi.com.