Firm News
SRZ Successfully Represents Morton’s in its Sale to Affiliates of Tilman J. Fertitta
December 19, 2011
SRZ represented Morton’s Restaurant Group Inc. (“Morton’s”) in its sale to affiliates of Tilman J. Fertitta (“Fertitta”). Under the agreement announced on Dec. 16, 2011, Fertitta commenced a tender offer to acquire all of Morton’s outstanding common stock at $6.90 per share in cash, and acquired all remaining shares of common stock through a second-step merger. The transaction, financed through a combination of cash and debt, closed on Feb. 1, 2012. SRZ’s deal team, led by partner Marc Weingarten, included partners Howard B. Epstein, Ronald B. Risdon and Kurt F. Rosell; special counsel Scott M. Kareff; and associate Yanjun Wei.