Business Services Industry
Boston Restaurant Associates, Inc. chosen as 1996 stock pick by Lipton Financial Services
Business Wire, Jan 17, 1996
BOSTON--(BUSINESS WIRE)--Jan. 17, 1996--BOSTON RESTAURANT ASSOCIATES, INC. (NASDAQ: BRAI, BRAIW) (BSE: BNR, BNRW) announces that it has been chosen as a 1996 stock pick by Roger Lipton of LIPTON FINANCIAL SERVICES, New York, in a recent article dated December 21, 1995 in Restaurant Finance Monitor.
George Chapdelaine, President and CEO of BOSTON RESTAURANT ASSOCIATES, INC., states, "We are very pleased with the continuing confidence that Mr. Lipton has shown in us. He and his associates have purchased on the open market approximately 12% of our stock, which demonstrates the trust that he has in our future."
BOSTON RESTAURANT ASSOCIATES, INC. owns and operates a chain of seven pizzerias under the name Pizzeria Regina and two Italian restaurants named Bel Canto and Polcari's North End. The restaurants are located in the Boston area.
CONTACT: GEORGE R. CHAPDELAINE (617) 720-5684
LEONARDO ZANGANI (908) 788-9660
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