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Del Frisco's Restaurant Group Inc (DFRG.OQ)

DFRG.OQ on NASDAQ Stock Exchange Global Select Market

6.66USD
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Thu, Dec 6 2018

Del Frisco's adopts poison pill as activist investor pushes for sale

Del Frisco's Restaurant Group Inc adopted a shareholder rights plan, or "poison pill", with a 10 percent trigger on Wednesday to counter activist investor Engaged Capital, which is pushing for its sale.

UPDATE 2-Del Frisco's adopts poison pill as activist investor pushes for sale

Dec 6 Del Frisco's Restaurant Group Inc adopted a shareholder rights plan, or "poison pill", with a 10 percent trigger on Wednesday to counter activist investor Engaged Capital, which is pushing for its sale.

Engaged Capital to push Del Frisco's to sell itself- WSJ

Dec 5 Activist investor Engaged Capital LLC has bought a nearly 10 percent stake in Del Frisco's Restaurant Group Inc and is pushing the restaurant operator to sell itself, the Wall Street Journal reported https://www.wsj.com/articles/activist-investor-to-push-del-friscos-to-sell-itself-1544058181 on Wednesday, citing people familiar with the matter.

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