{"id":7409,"date":"2010-01-28T13:21:40","date_gmt":"2010-01-28T21:21:40","guid":{"rendered":"http:\/\/www.carlsbadistan.com\/?p=7409"},"modified":"2010-01-28T13:21:47","modified_gmt":"2010-01-28T21:21:47","slug":"rubios-buyout-offer-up-to-85-million","status":"publish","type":"post","link":"https:\/\/www.carlsbadistan.com\/?p=7409","title":{"rendered":"Rubio&#8217;s Buyout Offer Up To $85 Million"},"content":{"rendered":"<p><a href=\"http:\/\/www.carlsbadistan.com\/wp-content\/uploads\/2009\/10\/rubios_logo.jpg\" onclick=\"window.open('http:\/\/www.carlsbadistan.com\/wp-content\/uploads\/2009\/10\/rubios_logo.jpg','popup','width=193,height=88,scrollbars=no,resizable=yes,toolbar=no,directories=no,location=no,menubar=no,status=yes,left=0,top=0');return false\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.carlsbadistan.com\/wp-content\/uploads\/2010\/01\/rubios_logo-tm.jpg\" height=\"91\" width=\"200\" border=\"1\" align=\"right\" hspace=\"4\" vspace=\"4\" alt=\"Rubios Logo\" \/><\/a><strong>Alex Meruelo<\/strong> and private-equity firm <strong><a href=\"http:\/\/www.llcp.com\/\" target=\"_blank\">Levine Leichtman Capital Partners<\/a><\/strong> have upped their <strong><a href=\"http:\/\/www.carlsbadistan.com\/?p=6589\" target=\"_blank\">previous offer of $80 million <\/a><\/strong>to purchase <strong><a href=\"http:\/\/www.rubios.com\/\" target=\"_blank\">Rubio&#8217;s Restaurants<\/a><\/strong> to $85 million according to a story in <strong><a href=\"http:\/\/www.nrn.com\/breakingNews.aspx?id=378748&amp;menuid=1368\" target=\"_blank\">Nation&#8217;s Restaurant News<\/a><\/strong>.<\/p>\n<blockquote><p>According to filings with the Securities and Exchange Commission, Rubio\u2019s had yet to respond to the latest offer, which totals $8.50 per share. Rubio\u2019s rejected the first proposal in late October, at $8 per share, saying it was not in the best interest of the company\u2019s shareholders. . . Carlsbad-based Rubio\u2019s, which operates or franchises about 195 Rubio\u2019s Fresh Mexican Grill locations.<\/p><\/blockquote>\n<p>Maybe they should just hold out for $100 million? That&#8217;s a nice round number.<\/p>\n<p><strong>[Link: <\/strong><strong><a href=\"http:\/\/www.nrn.com\/breakingNews.aspx?id=378748&amp;menuid=1368\" target=\"_blank\">Nation&#8217;s Restaurant News<\/a><\/strong><strong>]<\/strong> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alex Meruelo and private-equity firm Levine Leichtman Capital Partners have upped their previous offer of $80 million to purchase Rubio&#8217;s Restaurants to $85 million according to a story in Nation&#8217;s Restaurant News. According to filings with the Securities and Exchange Commission, Rubio\u2019s had yet to respond to the latest offer, which totals $8.50 per share. [&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],"tags":[],"_links":{"self":[{"href":"https:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/posts\/7409"}],"collection":[{"href":"https:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.carlsbadistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7409"}],"version-history":[{"count":1,"href":"https:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/posts\/7409\/revisions"}],"predecessor-version":[{"id":7410,"href":"https:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/posts\/7409\/revisions\/7410"}],"wp:attachment":[{"href":"https:\/\/www.carlsbadistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.carlsbadistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.carlsbadistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}