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Granite City Food & Brewery Ltd. Message Board

  • RabbiBerman RabbiBerman Jun 11, 2012 8:40 AM Flag

    More investment

    Granite City Food & Brewery Ltd. (NASDAQ:GCFB) today announced that it has entered into a stock purchase agreement with Concept Development Partners LLC (CDP), its controlling shareholder, pursuant to which CDP will invest an additional $6.5 million in Granite City in exchange for 3,125,000 shares of Granite City's common stock. The transaction is expected to close on or before June 26, 2012

1.85-0.0200(-1.07%)Feb 8 11:33 AMEST