DALLAS, May 19 /PRNewswire-FirstCall/ -- Sixx Holdings, Incorporated, (BULLETIN BOARD: SIXX.OB) the owner of Patrizio Restaurants, Inc. with locations in Highland Park Village and Preston Park Village in Plano, today announced that its controlling shareholder, Jack D. Knox, has sold his 90.34% interest in Sixx to a company controlled by Edward C. Bailey of Dallas, Texas, for $5.50 per share. Sixx also disclosed that its remaining shareholders will receive the same consideration as a result of a second step merger with Bailey's acquisition company.
Sixx Holdings Announces Sale of More Than 90% of its Stock
DALLAS, May 19 /PRNewswire-FirstCall/ -- Sixx Holdings, Incorporated, (BULLETIN BOARD: SIXX.OB) the owner of Patrizio Restaurants, Inc. with locations in Highland Park Village and Preston Park Village in Plano, today announced that its controlling shareholder, Jack D. Knox, has sold his 90.34% interest in Sixx to a company controlled by Edward C. Bailey of Dallas, Texas, for $5.50 per share. Sixx also disclosed that its remaining shareholders will receive the same consideration as a result of a second step merger with Bailey's acquisition company.
© 2006 PR Newswire
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