NEW YORK, March 8, 2018 /PRNewswire/ -- Tripp Levy
PLLC, a leading national securities and shareholder rights law
firm, announces that it is investigating the potential sale of
Bravo Brio Restaurant Group Inc. (NASDAQ: BBRG) ("Bravo Brio" or
the "Company") on behalf of its shareholders. Bravo Brio announced
that it has entered into a definitive agreement to be acquired by
the private equity firm GP Investments Ltd. in a cash deal valued
at approximately $100 million.
The private equity firm will acquire Bravo Brio for $4.05 in cash per share.
Our investigation has determined that the offer price of only
$4.05 per share, unfairly
under-values the true going forward inherent value of Bravo Brio
and that shareholders may not be receiving the maximum value for
their shares. Indeed, the stock reached a high of
$5.30 per share this year. The
investigation further seeks to determine whether Bravo Brio's
senior management is entering into this deal for their own
self-interests to the detriment of the Company's shareholders.
If you are a shareholder of Bravo Brio and would like additional
information as to how the proposed acquisition may affect your
rights as a shareholder, and how you may be eligible to obtain a
higher price for your shares at no cost, please contact us at:
Tripp Levy PLLC
New York, New York
Toll free: 800-511-7037
International: 602-241-2841
Email: contact@tripplevy.com
www.tripplevy.com
Tripp Levy PLLC represents individual and institutional
shareholders in mergers and acquisitions transactions and has
assisted in the recovery of billions of dollars for shareholders in
securities actions around the globe.
Attorney advertising. Prior results do not indicate a
similar outcome.
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SOURCE Tripp Levy PLLC