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SHAREHOLDER ALERT: WeissLaw LLP Reminds FST, HOL, TSIA, and IACA Shareholders About Its Ongoing Investigations

SHAREHOLDER ALERT: WeissLaw LLP Reminds FST, HOL, TSIA, and IACA Shareholders About Its Ongoing Investigations
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

Tilman Fertitta to Take Restaurant Empire Public

SND: Tilman Fertitta to Take Restaurant Empire Public The owner of Landry s and Golden Nugget hopes to use new capital to acquire new restaurant brands as the economy begins to recover Tilman Fertitta believes the current economic downtown in restaurants will provide opportunities for expansion. (Julie Soefer) By Feb 2, 2021 Hospitality titan Tilman Fertitta has announced a deal to take his Fertitta Entertainment Inc. company public via a merger with blank check company Fast Acquisition Corp. The deal values Fertitta s empire, which includes the Landry s restaurant group and Golden Nugget casinos at $6.6 billion. It s expected to close in the second quarter of this year.

Fertitta Takes Landry s Public Again at $6 6 Billion Value

Fertitta Takes Landry’s Public Again at $6.6 Billion Value The company reported about $3.4 billion in sales in 2019, but like most consumer-driven businesses, Fertitta’s chains were hit hard by the coronavirus. Bloomberg | Feb 01, 2021 (Bloomberg) Tilman Fertitta is taking his restaurant and casino empire public again through a merger with a special purpose acquisition company that values his Fertitta Entertainment Inc. at $6.6 billion, including debt. Fertitta is combining his closely held Houston-based business with Fast Acquisition Corp., a shell company taken public last year by fellow restaurateurs Sandy Beall and Doug Jacob. Bloomberg News reported earlier that the deal was in the works.

Hillman Reaches Deal With Tilman Fertitta s Landcadia SPAC

Hillman Reaches Deal With Tilman Fertitta’s Landcadia SPAC Related Stories March 16, 2021 March 10, 2021 January 26, 2021 Landcadia Holdings III Inc., a blank-check firm led by Houston Rockets billionaire owner Wells Capital Management and a fund managed by Columbia Threadneedle Investments will contribute $375 million in equity to support the transaction, according to a statement. Cincinnati-based Hillman makes fasteners and other home improvement products. It has relationships with more than 38,000 companies, including Lowe’s Cos. and Home Depot Inc., according to its website. Private equity firm CCMP bought the company in 2014 from another such firm for $1.5 billion, according to a statement at the time.

Landry s reportedly eyes going public with Fast Acquisition | Nation s Restaurant News

SPAC founders had been looking for quick-service, small-dining-room brands Texas billionaire Tilman Fertitta is reportedly in talks to take his restaurant giant Landry’s Inc. and his Golden Nugget casino holdings public with Fast Acquisition Corp., though the special purpose acquisition had been looking for quick-service brands. Bloomberg, in a report last week citing “people with knowledge of the matter,”said Fast Acquisition, which was created last August as a special purpose acquisition company, or SPAC, was considering raising more than $1 billion to back a possible transaction. Fertitta’s representatives said he would have no comment on the rumors. Fast Acquisition Corp. was listed on the New York Stock Exchange last August and set a target to raise $200 million. It was created by Doug Jacob, co-founder of &Pizza and co-CEO of the new blank-check SPAC, with Sandy Beall, the founder of the Ruby Tuesday brand.

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