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Einstein Noah sets common-stock price
June 10, 2007
GOLDEN, Colo.— Einstein Noah Restaurant Group Inc. announced the pricing of a public offering of 5,000,000 shares of its common stock at$18.00 per share.
All shares included in the offering are being sold by Einstein Noah, which has granted the underwriters the right to purchase an additional 750,000 shares of common stock to cover over-allotments, if any. The offer is expected to close June 13 .
Shares of Einstein Noah's common stock are scheduled to trade on the Nasdaq Global Market June 8, under the symbol "BAGL."
Einstein Noah intends to use the net proceeds of the public offering to repay existing indebtedness.
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