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Rainforest Cafe Inc

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BUSINESS
February 11, 2000 | Associated Press
* Landry's Seafood Restaurants Inc. is buying Rainforest Cafe Inc., which operates or licenses 38 theme restaurants worldwide, for $125 million in cash and stock. Houston-based Landry's is paying $5.23 a share in cash, or 0.5816 share, for each share of Hopkins, Minn.-based Rainforest. Landry's shares fell $1.19 to close at $8.63 on the NYSE, while Rainforest rose 50 cents to close at $4.88 on Nasdaq.
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BUSINESS
September 27, 2000 | KARREN MILLS, ASSOCIATED PRESS
Shareholders of troubled theme restaurant chain Rainforest Cafe Inc. could have sold their company for $5.23 a share in February, but a major shareholder blocked the deal. Now, the same bidder--Landry's Seafood Restaurants--is back with another offer for Rainforest, this time for just $3.25 a share. The Rainforest board thinks the new bid is fair. But the same major shareholder, the State of Wisconsin Investment Board, still isn't willing to let go of its shares. "I am furious.
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BUSINESS
December 23, 1999 | Bloomberg News
Lakes Gaming Inc., operator of Louisiana's two largest casinos, said it will acquire Rainforest Cafe Inc. for $108 million in stock and will run the operator of 37 jungle-theme restaurants as a subsidiary. Rainforest Cafe shareholders would receive 0.55 share of Lakes Gaming common stock for every share they own. At Wednesday's closing prices, that would value Rainforest at $4.54 a share, a 21% premium for Rainforest shareholders.
BUSINESS
February 11, 2000 | Associated Press
* Landry's Seafood Restaurants Inc. is buying Rainforest Cafe Inc., which operates or licenses 38 theme restaurants worldwide, for $125 million in cash and stock. Houston-based Landry's is paying $5.23 a share in cash, or 0.5816 share, for each share of Hopkins, Minn.-based Rainforest. Landry's shares fell $1.19 to close at $8.63 on the NYSE, while Rainforest rose 50 cents to close at $4.88 on Nasdaq.
BUSINESS
September 27, 2000 | KARREN MILLS, ASSOCIATED PRESS
Shareholders of troubled theme restaurant chain Rainforest Cafe Inc. could have sold their company for $5.23 a share in February, but a major shareholder blocked the deal. Now, the same bidder--Landry's Seafood Restaurants--is back with another offer for Rainforest, this time for just $3.25 a share. The Rainforest board thinks the new bid is fair. But the same major shareholder, the State of Wisconsin Investment Board, still isn't willing to let go of its shares. "I am furious.
BUSINESS
October 25, 1996 | Greg Johnson
Grab an umbrella and bring along your appetite. Rainforest Cafe Inc., the hot restaurant company based in Minneapolis, is coming to South Coast Plaza with a 15,000-square-foot eatery near the newly refurbished Sears, Roebuck & Co. store. The new restaurant, the chain's first in Southern California, will open in 1997. Rainforest Cafe is one of the nation's leaders in the trend toward "eatertainment" dining that's supposed to be as fun as it is filling.
BUSINESS
May 19, 1999 | E. Scott Reckard
Rainforest Cafe Inc. said Tuesday that it will locate its largest site yet, a 600-seat themed restaurant and retail outlet, at Downtown Disney, the entertainment-oriented mall that Walt Disney Co. will open in 2001 beside Disneyland. Hopkins, Minn.-based Rainforest, which opened its first restaurant in 1994, currently has 23 U.S. sites and licenses eight overseas.
BUSINESS
June 7, 1997 | GREG JOHNSON, TIMES STAFF WRITER
Storefronts at South Coast Plaza in Costa Mesa might have reputations that stretch around the world, but the button-down shopping mall rarely allows a tenant's actual business to spill out into the common areas. The upscale shopping center is making an exception for Minnesota-based Rainforest Cafe, which will open its first Southern California restaurant at the mall Monday. Experts say there's a good reason for letting the $6.
CALIFORNIA | LOCAL
January 9, 2000 | STEVE CHAWKINS
Sounds of the rain forest: Caw! Cackle! Chee-chee-chee! Waha-waha! Hoopa-hoopa! Cease-and-desist! That last one is why a little Bolivian restaurant in Camarillo is no longer called Rain Forest Delights. Now it's Selva Andina Delights. Same terrific empanadas. Same charming cook. But as of last week, a different name--thanks to the vine-swinging, chest-beating call of trademark attorneys the world over: Cease-and-desist! Cease-and-desist!
BUSINESS
December 23, 1999 | Bloomberg News
Lakes Gaming Inc., operator of Louisiana's two largest casinos, said it will acquire Rainforest Cafe Inc. for $108 million in stock and will run the operator of 37 jungle-theme restaurants as a subsidiary. Rainforest Cafe shareholders would receive 0.55 share of Lakes Gaming common stock for every share they own. At Wednesday's closing prices, that would value Rainforest at $4.54 a share, a 21% premium for Rainforest shareholders.
BUSINESS
May 19, 1999 | E. Scott Reckard
Rainforest Cafe Inc. said Tuesday that it will locate its largest site yet, a 600-seat themed restaurant and retail outlet, at Downtown Disney, the entertainment-oriented mall that Walt Disney Co. will open in 2001 beside Disneyland. Hopkins, Minn.-based Rainforest, which opened its first restaurant in 1994, currently has 23 U.S. sites and licenses eight overseas.
BUSINESS
June 7, 1997 | GREG JOHNSON, TIMES STAFF WRITER
Storefronts at South Coast Plaza in Costa Mesa might have reputations that stretch around the world, but the button-down shopping mall rarely allows a tenant's actual business to spill out into the common areas. The upscale shopping center is making an exception for Minnesota-based Rainforest Cafe, which will open its first Southern California restaurant at the mall Monday. Experts say there's a good reason for letting the $6.
BUSINESS
October 25, 1996 | Greg Johnson
Grab an umbrella and bring along your appetite. Rainforest Cafe Inc., the hot restaurant company based in Minneapolis, is coming to South Coast Plaza with a 15,000-square-foot eatery near the newly refurbished Sears, Roebuck & Co. store. The new restaurant, the chain's first in Southern California, will open in 1997. Rainforest Cafe is one of the nation's leaders in the trend toward "eatertainment" dining that's supposed to be as fun as it is filling.
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