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Author: stillwater9999 Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 14876  
Subject: Ark Restaurants (ARKR) receives offer Date: 2/7/2013 8:18 AM
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from Landry's, $22/share proposal, 22% premium.

http://www.reuters.com/article/2013/02/07/landrys-arkrestaur...



sw - owner of ARKR in individual and managed accounts
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Author: LeKitKat Big gold star, 5000 posts Top Favorite Fools Feste Award Nominee! Feste Award Winner! Old School Fool Knows About Healthcare Global Fool Space Camp 1 Yellow Squad Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 13400 of 14876
Subject: Re: Ark Restaurants (ARKR) receives offer Date: 2/7/2013 7:52 PM
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I really hope this does not happen.

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Author: stillwater9999 Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 13402 of 14876
Subject: Re: Ark Restaurants (ARKR) receives offer Date: 2/7/2013 9:45 PM
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Seems like a somewhat higher price would be justified. Certainly not selling yet.

sw

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Author: itconsultant Three stars, 500 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 13483 of 14876
Subject: Re: Ark Restaurants (ARKR) receives offer Date: 2/10/2013 10:43 PM
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I had looked at it $16 when the yield was 6%. I had passed mainly because a noticed capex over the years but the FCF was not increasing as a result. So I was not sure if it was wasteful.

I am considering participating as a merger arb/special situation now. There is a bid on the table. So upside is $22 or if another bid comes in / bid is raised.

Downside should be limited by the dividend yield?

Thoughts?

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