Quarterly report pursuant to Section 13 or 15(d)

Acquisition of Red Robin Franchised Restaurants

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Acquisition of Red Robin Franchised Restaurants
 4 Months Ended
Apr. 15, 2012
Acquisition of Red Robin Franchised Restaurants  
Acquisition of Red Robin Franchised Restaurants

5.                        Acquisition of Red Robin Franchised Restaurants

 

On April 9, 2012, the Company entered into an agreement with one of its franchisees to purchase one restaurant location in Clifton, New Jersey.  The purchase price will be approximately $3 million and is expected to close in second or third quarter 2012, subject to a variety of customary closing conditions.