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Market Gainer Updates Shareholders Of Main Street Restaurant Group, Inc.

Publication: M2 Presswire
Publication Date: 22-MAY-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-22 May 2006-marketgainer.com: Market Gainer Updates Shareholders Of Main Street Restaurant Group, Inc.(C)1994-2006 M2 COMMUNICATIONS LTD

RDATE:22052006

Market Gainer is quickly emerging as the one stop shop for international small-cap investors looking to stay a step ahead of the markets. Today's activity on the markets has brought two companies to the attention of our research team. On the Nasdaq exchange Main Street Restaurant Group, Inc. (NASDAQ:MAIN), is responding to the attention of investors. We have also identified Falcon Energy which is trading on the Pink Sheets under the symbol FCYI. Our goal is to create a community of international investors who consistently and effectively capitalize on the enormous gains the small-cap Canadian and American exchanges offer.

Main Street Restaurant Group, Inc. (NASDAQ:MAIN), the world's largest franchisee of T.G.I. Friday's restaurants, the owner and operator of the Bamboo Club -- Asian Bistro, the Redfish Seafood Grill and Bar restaurant concepts and operator of one Alice Cooper'stown restaurant, announced today that it has entered into a definitive agreement to be acquired by Briad Main Street, Inc., a wholly owned subsidiary of The Briad Group, for $6.40 per share in cash.

The Briad Group, located in Livingston, New Jersey, was founded by Mr. Bradford Honigfeld. In addition to being its sole shareholder and current CEO, Mr. Honigfeld also owns or controls approximately 2.2...

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