Western Sizzlin terminates exchange offer for Jack in the Box

By Lisa Kerner

Charlotte, N.C., Oct. 17 - Western Sizzlin Corp. said a regulatory compliance condition is the reason it terminated its exchange offer for up to 680,500 shares, or 1.2%, of Jack in the Box Inc.'s stock

According to Western Sizzlin, a Roanoke, Va., holding company, it plans to begin the exchange offer after its registration statement on form S-4 has become effective under the Securities Act of 1933.

No shares of Jack in the Box common stock had been tendered into the exchange offer, a Western Sizzlin news release said.

The offer was set to end at 5 p.m. ET on Nov. 13.

As previously reported, the exchange ratio for the offer was to have been 1.607 Western Sizzlin shares for each Jack in the Box share.

Jack in the Box is a San Diego-based restaurant company that operates and franchises Jack in the Box and Qdoba Mexican Grill restaurants and operates Quick Stuff convenience stores.

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