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Landry's Restaurants

Ticker: 
LNY
Tender Price: 
$13.50
Last Trade: 
$5.48
Method: 
Merger
Tender Limit: 
Unlimited
Potential Gain: 
146.35%
Broker Held Shares: 
OK
Phase: 
Canceled
Financing: 
contingent on financing

The CEO, Tilman Fertitta, is acquiring the company. The price was lowered from $21 down to $13.50.