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Author: stillwater9999 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 21148  
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 Global Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 13400 of 21148
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 gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 13402 of 21148
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 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 13483 of 21148
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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