Engaged Capital Reaches Agreement with Del Frisco’s for Board Representation and Governance Improvements

Reuters, Nation's Restaurant News and other media sources reported on the agreement reached between Olshan client Engaged Capital and Del Frisco’s Restaurant Group pursuant to which Joe Reece was appointed to the company’s Board of Directors and as the Chairman of its Transaction Committee that is overseeing the company’s review of strategic alternatives. As part of the agreement, Del Frisco’s also agreed to terminate its poison pill. Steve Wolosky and Ryan Nebel represent Engaged Capital in connection with its investment in Del Frisco’s.