Frisch's Restaurants, Inc. (NYSEMKT:FRS) Investor Alert: Takeover Under Investigation

An investigation on behalf of investors of Frisch’s Restaurants, Inc. (NYSEMKT:FRS) in connection with the proposed takeover was announced and NYSEMKT:FRS stockholders should contact the Shareholders Foundation.

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San Diego, CA -- (SBWire) -- 06/03/2015 --An investigation on behalf of investors, who currently hold shares of Frisch's Restaurants, Inc. (NYSEMKT:FRS), was announced concerning whether the takeover of Frisch's Restaurants, Inc. by NRD Partners I, L.P for $34.00 per share is unfair to NYSEMKT:FRS stockholders.

Investors who purchased shares of Frisch's Restaurants, Inc. (NYSEMKT:FRS) and currently hold any of those NYSEMKT:FRS shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain officers and directors of Frisch's Restaurants, Inc. (NYSEMKT:FRS breached their fiduciary duties owed NYSEMKT:FRS investors in connection with the proposed acquisition.

On May 22, 2015, Frisch's Restaurants, Inc. (NYSEMKT:FRS) and NRD Partners I, L.P., a private equity fund, announced an agreement pursuant to which an affiliate of NRD Partners I, L.P. will acquire all of the outstanding shares of Frisch's Restaurants, Inc. for $34.00 per share in cash, or approximately $175 million.

However, the investigation concerns whether the offer is unfair to NYSEMKT:FRS stockholders. More specifically, the investigation concerns whether the Frisch's Restaurants Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

On June 1, 2015, NYSEMKT:FRS shares closed at $34.00 per share.

Those who are current investors in Frisch's Restaurants, Inc. (NYSEMKT:FRS) shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

Media Relations Contact

Michael Daniels
General Manager
Shareholders Foundation
858-779-1554
http://www.ShareholdersFoundation.com

View this press release online at: http://rwire.com/602044