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Exhibit (e)(12)
RAINFOREST CAFE RECEIVES NO COMPETING OFFERS - LANDRY'S TENDER OFFER SCHEDULED
TO EXPIRE FRIDAY
MINNEAPOLIS--(BUSINESS WIRE)--Oct. 25, 2000--Rainforest Cafe, Inc. (NASDAQ:
"RAIN") announced today that it has not received any competing offers to the
cash tender offer from Landry's Seafood Restaurants, Inc. commenced nearly four
weeks ago. The presently scheduled deadline for Rainforest Cafe shareholders to
tender their shares is Friday.
Subject to the closing of the tender offer, Rainforest Cafe shareholders who do
not tender their shares would not receive their $3.25 per share until after the
closing of the second step merger with Landry's, presently expected to occur in
first quarter 2001. Lyle Berman, Chairman and CEO of Rainforest Cafe, noted
"shareholders who wish to receive prompt payment for their shares following the
closing of the offer need to tender by the October 27 deadline."
Rainforest Cafe, Inc. develops, owns, and operates combination restaurant/retail
facilities offering a stimulating and entertaining rain forest theme, providing
visitors with "A Wild Place to Shop and Eat(R)." There are currently 39
Rainforest Cafe(R)units open including 28 domestic locations and 11
international units. Rainforest Cafe, Inc. common shares are traded on the
NASDAQ National Market under the symbol RAIN.
This news release (as well as information included in oral statements or other
written statements made or to be made by the Company) may contain
forward-looking statements, such as statements relating to future expansion,
that involve risks and uncertainties relating to future events. Actual events or
the Company's results may differ materially from the results discussed in the
forward-looking statements. The Company does not expect to update
forward-looking statements continually as conditions change. These risks and
uncertainties include, but are not limited to, those relating to the results of
the tender offer, competition, fluctuations and changes in consumer preferences
and attitudes, intellectual property protection, development and construction
activities, and results of shareholder litigation. Investors are referred to the
full discussion of risks and uncertainties associated with forward-looking
statements contained in the Company's Form filed with the Securities and
Exchange Commission for the fiscal year ended January 2, 2000 and filed on March
2, 2000.
Contact:
Rainforest Cafe, Inc., Minneapolis
Connie Carrino
Director of Corporate Communications
952-945-5433 (CST - business hours)
www.rainforestcafe.com
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