HOUSTON ,  Sept. 8, 2020  /PRNewswire/ – Luby’s, Inc. (“Luby’s”) (NYSE: LUB), to…      HOUSTON ,  Sept. 8, 2020  /PRNewswire/ – Luby’s, Inc. (“Luby’s”) (NYSE: LUB), to……The post Luby’s, Inc. Board Of Directors Adopts Plan Of Liquidation And Dissolution appeared first on Oil & Gas 360.

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Beloved Texas cafeteria chain Luby's to be liquidated, dissolved

Luby's, Inc. ("Luby's") (NYSE: LUB), today announced that the Company's Board of Directors (the "Board"), after considering a number of strategic alternatives, has approved and adopted a plan of liquidation and dissolution (the "Plan of Liquidation" or the "

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Luby's, Inc. Board Of Directors Adopts Plan Of Liquidation And Dissolution

TEXAS (CBSDFW/AP) – Every Texan child knows what a LuAnn platter at Luby’s is—half an entree, two vegetables, and bread.Sadly, the next generation won’t get to experience its glorious, cafeteria-style.The Luby’s Inc. board members voted to liquidate and dissolve the company’s “businesses, operations, and real estate” and institute an “orderly wind down of any remaining operations,” the company announced in a press release issued Tuesday.“We beli…

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Bye-Bye 'LuAnn Platter,' Luby's Board Of Directors Liquidating Iconic Texas Restaurant Chain

HOUSTON, Texas -- It could be the end of the line for a Texas-based cafeteria chain known for square fish, the Lu Ann platter, and other comfort food from days gone by. Luby's, Inc.'s board of directors announced Tuesday a plan to liquidate business assets and dissolve the company, ABC affiliate KTRK reported. "We believe

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Houston-based restaurant company Luby's Inc. (NYSE: LUB) will be liquidated and dissolved, the board of directors has decided.
Stockholders must still approve the plan, which they will vote on at a special meeting that has yet to be set, according to a Sept. 8 news release.
The liquidation plan "outlines an orderly sale of the company's businesses, operations and real estate and an orderly wind down of any remaining operations," the release stat…

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Luby's board plans to liquidate restaurant company

Luby's Inc. (LUB), the parent company of Luby’s Cafeterias and Fuddruckers, is liquidating and dissolving its restaurants.

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Texas-Based Luby’s Cafeteria, Fuddruckers Restaurants To Liquidate Amid Coronavirus Pandemic

It's likely the end of the line for the 73-year-old Texas cafeteria chain if stockholders approve.

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Luby's board of directors approves liquidation plan

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Fuddruckers will soon be no more, at least in its current form. Tuesday afternoon, the board of [...]

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Fuddruckers and Luby's Announce Plans to Liquidate

Luby's and Fuddruckers were founded in San Antonio and expanded into Dallas-Fort Worth.

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Texas restaurants Fuddruckers and Luby’s announce plans to liquidate

On Tuesday, the board of directors for the parent company of Luby’s and Fuddruckers approved a plan to liquidate both restaurants. Luby’s Inc. could distribute approximately $92 million to $123 million to its stockholders, then dissolve the company. The liquidation plan could also result in a sale, according to a company statement. Luby’s operates eight restaurants in Dallas-Fort Worth as...

Luby's, Inc. Board Of Directors Adopts Plan Of Liquidation And Dissolution

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