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Wichita, Kan.--Two private-equity firms, Newcastle Partners LP and Steel Partners II LP, announced a takeover bid for Fox & Hound Restaurant Group, based here, the operator of 82 restaurants under the Fox and Hound and Bailey's brand names.(FAHEAR Inc.)(Brief Article)

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| December 15, 2005 | COPYRIGHT 2003 Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission. (Hide copyright information)Copyright

WICHITA, Kan. -- Two private-equity firms, NEWCASTLE PARTNERS LP and STEEL PARTNERS II LP, announced a takeover bid for FOX & HOUND RESTAURANT GROUP, based here, the operator of 82 restaurants under the Fox and Hound and Bailey's brand names. Dallas-based Newcastle and Beverly Hills, Calif.-based Steel formed F&H ACQUISITION CORP. and said it would commence a cash tender offer no later than Dec. 23 to purchase all outstanding shares of Fox & Hound common stock not yet owned by the two firms for $14.75 per share, a price above a previous offer for $14 per share. Private-equity firm LEVINE LEICHTMAN CAPITAL PARTNERS floated that …

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