{"id":3488,"date":"2008-10-20T11:37:36","date_gmt":"2008-10-20T19:37:36","guid":{"rendered":"http:\/\/www.carlsbadistan.com\/?p=3488"},"modified":"2009-03-06T12:57:09","modified_gmt":"2009-03-06T20:57:09","slug":"rubios-reeled-in-for-497-million","status":"publish","type":"post","link":"http:\/\/www.carlsbadistan.com\/?p=3488","title":{"rendered":"Rubio&#8217;s Reeled In For $49.7 Million?"},"content":{"rendered":"<p><em>Carlsbadistan&#8217;s<\/em> <strong><a href=\"http:\/\/www.rubios.com\/\" target=\"_blank\">Rubio&#8217;s Restaurants<\/a><\/strong> could be the target of a buyout as San Diego&#8217;s <strong><a href=\"http:\/\/www.kellycapital.com\/\" target=\"_blank\">Kelly Capital<\/a><\/strong> investment firm makes an &#8220;unsolicited offer&#8221; for the company, according to a story in the <strong><em><a href=\"http:\/\/www.signonsandiego.com\/news\/business\/20081018-9999-1b18rubios.html\" target=\"_blank\">San Diego Union-Tribune<\/a><\/em><\/strong>.<\/p>\n<blockquote><p><strong>Dan Pittard<\/strong>, president and chief executive officer of Rubio&#8217;s, said the company&#8217;s board will meet next week to consider the offer, which is subject to Kelly Capital obtaining financing. He declined to comment further. . . . The $5-per-share offer by Kelly Capital, made in a letter dated Wednesday, represented a 26 percent premium on Rubio&#8217;s closing price that day of $3.97. Rubio&#8217;s shares closed yesterday at $4.28.<\/p><\/blockquote>\n<p>The way Rubio&#8217;s business has been <strong><a href=\"http:\/\/www.carlsbadistan.com\/?p=2516\" target=\"_blank\">headed lately<\/a><\/strong>, we&#8217;d take the money.<\/p>\n<p><strong>[Link: <\/strong><strong><a href=\"http:\/\/www.signonsandiego.com\/news\/business\/20081018-9999-1b18rubios.html\" target=\"_blank\">San Diego Union-Tribune<\/a><\/strong><strong>]<\/strong> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Carlsbadistan&#8217;s Rubio&#8217;s Restaurants could be the target of a buyout as San Diego&#8217;s Kelly Capital investment firm makes an &#8220;unsolicited offer&#8221; for the company, according to a story in the San Diego Union-Tribune. Dan Pittard, president and chief executive officer of Rubio&#8217;s, said the company&#8217;s board will meet next week to consider the offer, which [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[8,32],"tags":[],"_links":{"self":[{"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/posts\/3488"}],"collection":[{"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3488"}],"version-history":[{"count":1,"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/posts\/3488\/revisions"}],"predecessor-version":[{"id":4752,"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/posts\/3488\/revisions\/4752"}],"wp:attachment":[{"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3488"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}