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Company Description (as filed with the SEC)
Einstein Noah Restaurant Group, Inc. is a Delaware corporation operating primarily under the Einstein Bros. Bagels (“Einstein Bros.”), Noah’s New York Bagels (“Noah’s”) and Manhattan Bagel Company (“Manhattan Bagel”) brands. We commenced operations as an operator and franchisor of coffee cafes in 1993. Substantial growth in our restaurant counts have occurred through a series of acquisitions, including Manhattan Bagel in 1998 and Einstein Bros. and Noah’s in 2001. We have also grown organically by opening company-owned restaurants, working with franchisees on development agreements and promoting the licensing of our brand. Since 2003, Greenlight Capital, Inc. and its affiliates (“Greenlight”) have had a controlling interest in ENRG. During fiscal 2013, in a series of secondary offerings, Greenlight’s percentage ownership has declined to less than 50% of our common stock. ... More ...