Diversified Restaurant plans to price public offering of common stock

Dougherty helps fund new restaurant development, corporate purposes

By Devika Patel

Knoxville, Tenn., March 13 - Diversified Restaurant Holdings, Inc. will price a public offering of common stock, according to a Form S-1 filed Wednesday with the Securities and Exchange Commission.

Dougherty & Co. LLC is assisting.

Proceeds will be used to repay a portion of the borrowings under the company's September 2012 credit facility and for new restaurant development and general corporate purposes.

The owner, operator and franchisor of the full-service restaurants Bagger Dave's Legendary Burger Tavern and Buffalo Wild Wings is based in Southfield, Mich.

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