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Stocks R / Rock Bottom Restaurants


Subject:  One bid Date:  1/27/1999  6:29 PM
Author:  PhilSpalding Number:  14 of 29

One of the outside bidders is now identified as ConQuest Partners a Dallas based investment group, and their target is $10 buyout without entering a bidding war. So, now we appear to have our first actual number on the table. Doubt that this offer is going to induce Day to sell his shares, or that his group would be unwilling to top a $10 offer. Still searching for something more definitive on the last of the outstanding offers, if you hear anything, let the rest of us know.

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