Meat Industry INSIGHTS Newsletter

980953 Koo Koo Roo Stockholders to Decide Merger

September 22, 1998

Los Angeles - Koo Koo Roo, Inc. announced that it has commenced the mailing to its stockholders of proxy materials relating to its proposed merger with Family Restaurants, Inc. The merger will be considered by stockholders at a Special Meeting.

Koo Koo Roo, Inc. operates 39 Koo Koo Roo California Kitchen restaurants which are located in California, Florida, and Nevada. Known for its proprietary Original Skinless Flame Broiled Chicken, Koo Koo Roo delivers a healthy alternative within the casual dining and take-home meal replacement market. In addition, Koo Koo Roo operates 14 Hamburger Hamlet restaurants in California and in the Washington, D.C. beltway area. A Canadian company in which Koo Koo Roo has a 28% investment also operates three Koo Koo Roo California Kitchen restaurants in Toronto. Family Restaurants, Inc. is primarily engaged in the operation of full-service Mexican restaurants under the Chi-Chi's, El Torito and Casa Gallardo names. As of June 30, 1998, Family Restaurants operated over 270 restaurants.

This Article Compliments of...

Iotron Technology Inc.

[counter]

Meat Industry Insights News Service
P.O. Box 553
Northport, NY 11768
Phone: 631-757-4010
Fax: 631-757-4060
E-mail: sflanagan@sprintmail.com
Return to Home Page