TAMPA, Fla., April 3 /PRNewswire-FirstCall/ -- OSI Restaurant Partners,
Inc. (NYSE: OSI) announced today that it has filed a definitive proxy
statement for a special meeting of stockholders to be held at 11:00 a.m.,
Eastern Daylight Time, on Tuesday, May 8, 2007 at the A La Carte Event
Pavilion, 4050-B Dana Shores Drive, Tampa, Florida 33634, for the purpose of
voting on a proposal to approve its previously announced merger agreement with
affiliates of Bain Capital Partners, LLC and Catterton Partners. Stockholders
of record as of the close of business on March 28, 2007 will be entitled to
vote at the special meeting of stockholders. The Company expects to commence
the mailing of the notice of meeting and definitive proxy statement to
stockholders on or about April 3, 2007.
The board of directors of OSI Restaurant Partners, on the unanimous
recommendation of a Special Committee of independent directors, has approved
the merger agreement and recommends that OSI's stockholders vote to adopt the
merger agreement.
The merger is expected to close shortly after the special meeting of
stockholders, subject to the requisite approval of OSI's stockholders at the
special meeting (other than those participating in the acquisition) and the
satisfaction of other customary closing conditions.
Stockholders with questions regarding the special meeting may contact our
proxy solicitor, MacKenzie Partners, Inc., toll-free at (800) 322-2885 or at
(212) 929-5500.
About OSI Restaurant Partners
OSI Restaurant Partners, Inc. portfolio of brands consists of Outback
Steakhouse, Carrabba's Italian Grill, Bonefish Grill, Fleming's Prime
Steakhouse & Wine Bar, Roy's, Lee Roy Selmon's, Blue Coral Seafood & Spirits
and Cheeseburger in Paradise restaurants with operations in 50 states and 20
countries internationally.
About Bain Capital
Bain Capital, LLC (http://www.baincapital.com) is a global private
investment firm that manages several pools of capital including private
equity, venture capital, public equity and leveraged debt assets with
approximately $40 billion in assets under management.
