Exhibit (a)(20)
LANDRY'S SEAFOOD RESTAURANTS, INC.
ANNOUNCES ACQUISITION OF
RAINFOREST CAFE, INC.
Houston, TX, October 27, 2000 - Landry's Seafood Restaurants, Inc.
(NYSE: LNY) announced that, as of today, approximately 13,360,000 shares of
Rainforest Cafe, Inc. (NASDAQ: RAIN) common stock were validly tendered
pursuant to Landry's tender offer. The Rainforest shares tendered into the
offer, together with the 1,030,800 shares owned by Landry's, represents
almost 65% of all outstanding Rainforest shares. Since a majority of the
shares have been tendered, Landry's will control Rainforest effective today
at midnight.
Tilman J. Fertitta, President, Chairman and CEO of Landry's, said, "We
are elated with the results of our tender offer for Rainforest. They have
some of the most exciting locations in the Country. Our management team
looks forward to the opportunity and privilege of working with our new
Rainforest employees. Landry's officially welcomes all Rainforest employees
to our new Company."
Lyle Berman, Chief Executive Officer of Rainforest Cafe, stated that
"We are pleased that a majority of our shares have been tendered to
Landry's. We are confident of Landry's management abilities and wish them
success in managing Rainforest Cafe as part of their operations."
Landry's tender offer is scheduled to expire at 12:00 midnight (EST)
tonight.
This news release (as well as information included in oral statements
or other written statements made or to be made by Landry's) may contain
forward-looking statements. Actual events or Landry's results may differ
materially from the results discussed in the forward-looking statements.
Landry's does not expect to update forward-looking statements continually
as conditions change.
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
