SodaStream Reports Record First Quarter Results

First Quarter Revenues Increased to $87.9 Million
First Quarter Net Income Increased to $10.1 Million
First Quarter Diluted Earnings Per Share Increased to $0.48
First Quarter Adjusted Diluted Earnings Per Share Increased to $0.55

SodaStream International Ltd. (SODA), a leading manufacturer of home beverage carbonation systems announced today its results for the three month period ended March 31, 2012.

Beginning with the first quarter ended March 31, 2012, the Company changed its reporting currency to the U.S. dollar (USD).  Previously, the Company presented its annual and quarterly consolidated balance sheets and related consolidated statements of operations and cash flows in Euro (EUR). 

Carrols Restaurant Group, Inc. Reports Financial Results for the First Quarter of 2012 and Announces Completion of the Spin-off of Fiesta Restaurant Group, Inc.

Carrols Restaurant Group, Inc. (“Carrols”) (NASDAQ: TAST - News) today announced financial results for the first quarter ended April 1, 2012. It also reported that it completed the spin-off of Fiesta Restaurant Group, Inc. ("Fiesta") to its stockholders on May 7, 2012.

Financial results for the first quarter include Fiesta, which owns and operates the Pollo Tropical® and Taco Cabana® brands, as the spin-off was completed after the first quarter had concluded. Fiesta is now an independent, public company and its common stock is traded on The NASDAQ Global Select Market under the symbol FRGI.

Einstein Noah Restaurant Group Announces Evaluation of Strategic Alternatives to Maximize Stockholder Value

Einstein Noah Restaurant Group, Inc. (NASDAQ: BAGL - News), a leader in the quick-casual segment of the restaurant industry operating under the Einstein Bros.® Bagels, Noah's New York Bagels®, and Manhattan Bagel® brands, today announced that its Board of Directors has authorized a review of strategic alternatives available to the Company, including a possible business combination or sale of the Company, to maximize value for all stockholders. As part of the evaluation process, the Board of Directors has selected Piper Jaffray to serve as its financial advisor and Bryan Cave HRO to serve as its legal advisor.

P.F. Chang's to Be Acquired by Centerbridge Partners

P.F. Chang's China Bistro, Inc. (NASDAQ: PFCB) (“P.F. Chang's” or the “Company”) today announced that it has entered into a definitive merger agreement with Centerbridge Partners, L.P. (“Centerbridge”), a leading private investment firm, in a transaction valued at approximately $1.1 billion, which will result in P.F. Chang's becoming a private company.

Under the terms of the merger agreement, which has been approved by the Company's Board of Directors, Centerbridge will acquire all of the outstanding shares of P.F. Chang's common stock for $51.50 per share in cash. This represents a premium of approximately 30% over the average closing share price of P.F. Chang's common stock for the 30 days ended April 30, 2012.