Dave & Buster’s Announces Expiration of Shareholder Rights Plan
DALLAS, March 26, 2021 (GLOBE NEWSWIRE) -- Dave & Busters Entertainment, Inc., (NASDAQ: PLAY), (Dave & Busters or the Company), an owner and operator of entertainment and dining venues, today announced that its shareholder rights plan, originally adopted in March 2020, has expired in accordance with its terms on March 17, 2021.
- DALLAS, March 26, 2021 (GLOBE NEWSWIRE) -- Dave & Busters Entertainment, Inc., (NASDAQ: PLAY), (Dave & Busters or the Company), an owner and operator of entertainment and dining venues, today announced that its shareholder rights plan, originally adopted in March 2020, has expired in accordance with its terms on March 17, 2021.
- Shareholders are not required to take any action as a result of this expiration.
- In connection with the expiration of the shareholder rights plan, the Company will take routine steps to voluntarily de-register the related preferred stock purchase rights under the Securities Exchange Act of 1934, as amended (the Exchange Act).
- The Company has not arranged for listing or registration on another national securities exchange or quotation for the preferred stock purchase rights, because such rights have terminated.