-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, E7hjePlaE2s9hqSkj7MluzwFozFc1ygyiFJx584Jr1Xa6bLje+0w8J2NoqOtKuqh nRuulW3aR2hyXOHi/mc4uQ== 0001104659-06-014696.txt : 20060308 0001104659-06-014696.hdr.sgml : 20060308 20060307181225 ACCESSION NUMBER: 0001104659-06-014696 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20060307 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20060308 DATE AS OF CHANGE: 20060307 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RED ROBIN GOURMET BURGERS INC CENTRAL INDEX KEY: 0001171759 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] IRS NUMBER: 841573084 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-49916 FILM NUMBER: 06671182 BUSINESS ADDRESS: STREET 1: 6312 FIDDLER'S GREEN CIRCLE CITY: GREENWOOD VILLAGE STATE: CO ZIP: 80111 BUSINESS PHONE: 3038466000 MAIL ADDRESS: STREET 1: 6312 FIDDLER'S GREEN CIRCLE CITY: GREENWOOD VILLAGE STATE: CO ZIP: 80111 8-K 1 a06-6497_18k.htm CURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGES

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported):  March 7, 2006

 

 

RED ROBIN GOURMET BURGERS, INC.

(Exact name of registrant as specified in its charter)

 

 

Delaware

0-49916

84-1573084

(State or other jurisdiction of
incorporation or organization)

(Commission file number)

(I.R.S. Employer
Identification Number)

 

 

 

 

 

 

6312 S. Fiddler’s Green Circle, Suite 200N

Greenwood Village, Colorado

80111

(Address of principal executive offices)

(Zip Code)

 

 

Registrant’s telephone number, including area code:  (303) 846-6000

 

 

Not Applicable

(Former name or former address, if changed since last report)

 


 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 



 

ITEM 8.01                   Other Events.

 

On March 7, 2006, Red Robin Gourmet Burgers, Inc. (the “Company”) issued a press release announcing that it has signed a non-binding letter of intent to acquire the assets of 13 Red Robin franchised restaurants in the state of Washington for a cash purchase price of approximately $42.0 million, less any assumed indebtedness and purchase price adjustments.  A copy of the press release issued March 7, 2006 by the Company is attached as Exhibit 99.1 to this Report on Form 8-K and is incorporated into this Item 8.01 by reference.

 

 

ITEM 9.01                   Financial Statements and Exhibits

 

(c) Exhibits

 

Exhibit
Number

 

Description

99.1

 

Red Robin Gourmet Burgers, Inc., Press Release, dated March 7, 2006

 

2



 

SIGNATURE

 

                   Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date:  March 7, 2006

 

 

RED ROBIN GOURMET BURGERS, INC.

 

 

 

 

By:

/s/ Annita M. Menogan

 

Name:

Annita M. Menogan

 

Title:

Chief Legal Officer

 

 

3



 

EXHIBIT INDEX

 

Exhibit
Number

 

Description

99.1

 

Red Robin Gourmet Burgers, Inc., Press Release, dated March 7, 2006

 

 

4


EX-99.1 2 a06-6497_1ex99d1.htm EXHIBIT 99

Exhibit 99.1

 

Red Robin Gourmet Burgers Signs Non-Binding Letter of Intent to Acquire 13 Red Robin Franchised Restaurants

 

 

Greenwood Village, CO — (BUSINESS WIRE) — March 7, 2006 — Red Robin Gourmet Burgers, Inc. (Nasdaq: RRGB), the casual dining company that serves up fun, feel-good experiences by offering its guests an imaginative selection of high-quality gourmet burgers and innovative menu items in a family-friendly environment, today announced that it has signed a non-binding letter of intent to acquire the assets of 13 Red Robin franchised restaurants in the state of Washington for a cash purchase price of approximately $42.0 million, less any assumed indebtedness and purchase price adjustments.

 

The 13 franchised Red Robin’s are owned by various entities affiliated with Great Western Dining, the manager of the restaurants.  Based on information provided by the franchisee, the 13 restaurants generated $55.0 million in revenue in 2005.

 

The Company currently expects the acquisition, if completed, to close in the third quarter of 2006 and to be accretive to earnings.  The Company anticipates funding the purchase utilizing its new credit facility.

 

The closing of the acquisition is subject to completion of due diligence, necessary licensing approvals, lease consents and transfers, and reaching a definitive acquisition agreement, among other customary closing conditions.

 

About Great Western Dining

Great Western Dining was founded in 1981 by Marc Zanner and Dick Radloff, when they opened their first Red Robin franchise.  Under various entities affiliated with Great Western Dining, the company grew to operate 13 franchised Red Robin restaurants in Western Washington.  Great Western Dining also franchises another restaurant concept in the Northwest.

 

About Red Robin Gourmet Burgers

Red Robin Gourmet Burgers (www.redrobin.com) is a casual dining restaurant chain that serves an imaginative selection of high quality gourmet burgers to America’s families, particularly women, teens and tweens.  Red Robin serves gourmet burgers in a variety of recipes with bottomless fries, as well as many other items including salads, soups, appetizers, entrees, desserts, and its signature Mad Mixologyâ specialty beverages.  There are more than 300 Red Robin® restaurants across the United States and Canada.

 

Forward-Looking Statements

Certain information and statements contained in this press release are forward-looking statements.  Forward-looking statements include statements regarding our expectations, beliefs, intentions, plans, goals, strategies, future events or performance and underlying assumptions and other statements which are other than statements of historical facts.  These statements may be identified, without limitation, by the use of forward-looking terminology such as “intent,” “subject to”, “expects,” or comparable terms or the negative thereof.  All forward-looking statements included in this press release are based on information available to the Company on the date hereof.  Such statements speak only as of the date hereof and we undertake no obligation to update any such statement to reflect events or circumstances arising after the date hereof.  These statements are based on assumptions believed by us to be reasonable, and involve known

 



 

and unknown risks and uncertainties that could cause actual results to differ materially from those described in the statements.  These risks and uncertainties include, but are not limited to, the following: delays in the due diligence and negotiation process; delays associated with governmental and third-party consents; the successful integration of acquired restaurant operations; our ability to achieve and manage our planned expansion; effectiveness of our management strategies and decisions; the concentration of our restaurants in the Western United States; changes in availability of capital or credit facility borrowings; changes in the availability and costs of food; potential fluctuation in our quarterly operating results due to seasonality and other factors; the effect of increased competition in the casual dining market; changes in consumer preferences, general economic conditions or consumer discretionary spending; our ability to attract, motivate and retain qualified team members; additional costs associated with compliance, including the Sarbanes-Oxley Act and related regulations and requirements; the effectiveness of our internal controls over financial reporting; and other risk factors described from time to time in the Company’s 10-Q and 10-K filings with the SEC.

 

For further information contact:

Don Duffy

Integrated Corporate Relations

203-682-8200

 


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