Fidelity National Financial, Inc. Commences Tender Offer for all Outstanding Shares of J. Alexander's
Fidelity National Financial, Inc. (NYSE: FNF) announced the commencement of an all cash tender offer through its indirect wholly-owned subsidiary, New Athena Merger Sub, Inc., for all of the outstanding shares of common stock of J. Alexander's Corporation (NASDAQ: JAX) for $13.00 per share, net to the seller in cash, without interest and less any required withholding taxes.
The tender offer is being made pursuant to an Offer to Purchase, dated August 6, 2012, and in connection with the previously announced Amended and Restated Agreement and Plan of Merger, dated July 30, 2012, among FNF, Fidelity Newport Holdings, LLC (for the limited purposes set forth therein), American Blue Ribbon Holdings, Inc. (for the limited purposes set forth therein), Athena Merger Sub, Inc. (for the limited purposes set forth therein), New Athena and J. Alexander's.
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