McCormick & Schmick's Seafood Restaurants, Inc. to Be Acquired by Landry’s for $8.75 Per Share in Cash

McCormick & Schmick’s Seafood Restaurants, Inc. (Nasdaq:MSSR - News) today announced that it has signed a definitive agreement with Landry’s, Inc. whereby Landry’s MSA Co., Inc., a subsidiary of Landry’s, will acquire all of the outstanding shares of McCormick & Schmick's for $8.75 per share in cash, for a total equity value of approximately $131.6 million. Landry’s will finance the transaction through a combination of cash and debt, for which it has arranged financing, and expects to close the transaction in late December 2011 or early January 2012.

NASDAQ Welcomes Dunkin' Brands Group, Inc. to the NASDAQ Global Select Market

The NASDAQ OMX Group, Inc (Nasdaq:NDAQ) announced today that the trading of Dunkin' Brands Group (Nasdaq:DNKN), the parent company of Dunkin' Donuts and Baskin-Robbins, commenced on The NASDAQ Stock Market on July 27, 2011.

"In celebration of their initial public offering, NASDAQ is unofficially changing its name to NASDDAQ, incorporating Dunkin Donuts' iconic pink and orange D's into our traditional logo," said Bruce Aust, Executive Vice President, NASDAQ OMX Corporate Client Group. "NASDAQ is elated to welcome Dunkin' Brands, a leader in consumer brand loyalty across a variety of categories in the quick service restaurant business, to the NASDAQ family."

Green Mountain Coffee Roasters, Inc. Reports Second Quarter Fiscal 2011 Results

Strong Consumer Adoption Powering Keurig Single-Cup Brewing System Sales

Green Mountain Coffee Roasters, Inc., (NASDAQ:GMCR), a leader in specialty coffee and coffeemakers, today announced its fiscal 2011 second quarter results for the thirteen weeks ended March 26, 2011.

Second Quarter Fiscal 2011 Performance Highlights^*

• Net sales up 101% over the same period in fiscal 2010
• GAAP EPS of $0.44; Non-GAAP EPS of $0.48
• GAAP operating income increases 198% over Q2’10; Non-GAAP operating income improves 178% over the year ago quarter

  Published: 04 May 2011

  Written by Editor

  Nasdaq   Financial Results   Up on News   Retail   Interesting News  

  Read more: Green Mountain Coffee Roasters Inc ( GMCR )

Flowers Foods and Tasty Baking Company Announce All Cash Merger Agreement

Tastykake will strengthen Flowers' snack cake business and geographic reach

Flowers Foods (NYSE: FLO) ("Flowers") and Tasty Baking Company (NasdaqGM: TSTY) ("Tasty") today announced a definitive merger agreement whereby Flowers will acquire all of the outstanding shares of Tasty common stock for $4.00 per share in cash for a total purchase price of approximately $165 million, including Tasty's existing indebtedness.

The transaction is expected to:
Strengthen Flowers' snack cake business through the addition of the iconic Tastykake snack cake brand;