Ruth's hospitality investor alert by the former attorney general of louisiana: kahn swick & foti, llc investigates adequacy of price and process in proposed sale of ruth's hospitality group, inc. - ruth

New orleans--(business wire)--former attorney general of louisiana charles c. foti, jr., esq. and the law firm of kahn swick & foti, llc (“ksf”) are investigating the proposed sale of ruth's hospitality group, inc. (nasdaqgs: ruth) to darden restaurants, inc. (nyse: dri). under the terms of the proposed transaction, shareholders of ruth's will receive $21.50 in cash for each share of ruth's that they own. ksf is seeking to determine whether this consideration and the process that led to it.
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