The Hard Rock Cafe sought U.S. investors.
The restaurant chain said it is seeking American investors to help it finance a worldwide chain of eateries. With flagship restaurants now in Los Angeles and New York, Hard Rock plans to open in such cities as Boston, Washington and Reykjavik, Iceland. Hard Rock Cafe PLC said it will offer investors 2,240,000 American depositary shares, each of which represents five of its Class A ordinary shares at an initial price of $14 to $16 each.
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