Exhibit (a)(22)
LANDRY'S SEAFOOD RESTAURANTS, INC.
COMPLETES MERGER WITH RAINFOREST CAFE, INC.
Houston, TX, December 1, 2000 - Landry's Seafood Restaurants, Inc.
(NYSE: LNY) announced today that it has completed its acquisition of
Rainforest Cafe, Inc. and is now the owner of 100% of all the outstanding
shares of Rainforest.
As a result of the merger, which became effective today, all
outstanding shares of Rainforest common stock were converted into the right
to receive $3.25 per share in cash, without interest.
Rainforest shareholders who hold stock certificates have received a
letter of transmittal in the mail regarding the process to surrender their
shares for cash. Rainforest shareholders whose shares are held through
banks or brokers should have already received information about their
holdings from those institutions.
According to Tilman J. Fertitta, Chairman, President and CEO of
Landry's, "With the merger now complete, we can resume our focus on the
immediate integration of the two companies. To date, we have already
implemented a new menu for Rainforest in a test market, and have shifted
many of the operational responsibilities to Houston, Texas."
Landry's now owns and operates approximately 190 restaurants in 33
states.
Any shareholders of Rainforest who have questions concerning receipt
of the merger consideration should contact Rainforest's information agent,
Innisfree M&A Incorporated, at (888) 750-5834, or the Investor Relations
Department of Landry's at (713) 850-1010.
For Landry's Seafood Restaurants, Inc. Investors
CONTACT: TILMAN J. FERTITTA OR PAUL S. WEST
CHAIRMAN, PRESIDENT AND C.E.O. VICE PRESIDENT-
(713) 850-1010 FINANCE AND CFO
(713) 850-1010
email: [email protected]
www.LandrysSeafood.com
