Prandium Inc. (PRDM/PRDM.PK) Wrap Up:

In May 2003, Prandium, Inc. entered into a non-binding letter of intent with Triyar Companies, LLC; The 180 (degree) Group LLC; Prandium Acquisition Company, LLC; and Goense Bounds & Partners (the Investors), pursuant to which the Investors' would acquire Prandium in exchange for $6.4 million in cash. Prandium, Inc. operates restaurants in the full-service and fast-casual segments. The company operates restaurants primarily under the Chi-Chi's, Koo Koo Roo, and Hamburger Hamlet concepts. The Chi-Chi's restaurants serve Mexican food, and various alcoholic and non-alcoholic beverages. Koo Koo Roo restaurants are fast-casual restaurants that serve meals with the convenience associated with quic...