Fiesta Restaurant Group FRGI today announced the launch of a
public offering of up to $100 million of common stock (the "Public
Offering"). All of the shares will be offered by Fiesta. The
underwriters have also been granted a 30 day option by Fiesta and
certain executive officers of the Company, as selling stockholders, to
purchase up to an additional 15 percent of the shares of common stock to
be offered in the Public Offering, of which 26,664 shares of common
stock are currently issued and outstanding and are held by such
executive officers. The Company will not receive any of the net proceeds
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