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Exhibit (a)(8)
JACKSONVILLE RESTAURANT ACQUISITION CORP. EXTENDS
TENDER OFFER FOR COMMON STOCK OF CUCOS INC.
NEW ORLEANS, Thursday, August 10, 2000 -- Jacksonville Restaurant
Acquisition Corp. today announced that the expiration date of its tender offer
to acquire up to 1,200,000 of the outstanding shares of common stock of Cucos
Inc. for $1 per share has been extended until 5:00 p.m., Eastern Time, on
Friday, August 18, 2000. The tender offer had been scheduled to expire at 5:00
p.m., Eastern Time, on Friday, August 11, 2000.
Jacksonville Restaurant Acquisition Corp. has been advised by Hibernia
National Bank, the Depository for the tender offer, that as of August 9, 2000,
approximately 601,741 shares of Cucos common stock had been tendered and not
withdrawn pursuant to the offer.
The tender offer is subject to there being validly tendered and not
withdrawn before the expiration of the offer at least 1,200,000 shares, and to
certain customary conditions.
This news release does not constitute an offer to purchase or a
solicitation of an offer to sell any securities. The complete terms and
conditions of this tender offer are set forth in an offer to purchase and
related letter of transmittal, which were first filed on July 14, 2000 with the
Securities and Exchange Commission and mailed to Cucos shareholders. This news
release does not constitute an offer to sell or a solicitation of an offer to
buy any capital stock of the offeror. Such an offer may be made only by a
prospectus in compliance with the Securities Act of 1933.
CUCOS (OTC: CUCO.OB) is a full-service Mexican restaurant chain consisting
of twelve company-owned restaurants and five franchise restaurants located
primarily in the Southeastern United States.
CONTACT:
Cucos Inc.
James W. Osborn
(504) 835-0306
