STK To Go Public In Chase For More Female Steak Eaters
October 22, 2013 | 1 min to read
The owner of STK, a New York-based steakhouse restaurant group that markets itself to women, has attracted $44.3 million from investors, bringing a chain billed as "not your daddy's steakhouse" a step closer to the stock market.
One Group LLC, which operates hotels, restaurants and lounges, said it is being acquired by Committed Capital Acquisition Corp, a cashed up investment vehicle.
The shares will trade over the counter, though the company aims to eventually list on the Nasdaq Stock Market, the Wall Street Journal reported. ()
In a sharp break from steakhouses serving huge T-Bone steaks to men, STK's website features a woman in high heels holding a raw steak hanging from a meat hook and says it targets female steak lovers.
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