>Mill Road Capital to Acquire Rubio's Restaurants

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>CARLSBAD, CA and GREENWICH, CT–(Marketwire – 05/10/10) – Rubio’s Restaurants, Inc. (NASDAQ:RUBO – News), a leader in the growing Fast Casual segment of the restaurant industry with its premium Fresh Mexican Grill concept, and Mill Road Capital, L.P., a Connecticut-based private investment firm, announced today a definitive merger agreement under which an entity controlled by Mill Road Capital will acquire all the outstanding shares of Rubio’s Restaurants in a cash merger transaction. Pursuant to the terms of the definitive merger agreement, the outstanding shares of common stock of Rubio’s Restaurants will be acquired for $8.70 per share. The aggregate transaction value is approximately $91 million

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