J. Alexander's Becomes Public Company After Spin-Off From Fidelity National

(RTTNews) - J. Alexander's Holdings Inc. (JAX) announced the successful completion of its spin-off from Fidelity National Financial (FNF) into an independent publicly-traded company.

Effective today, shares of J. Alexander's Holdings, Inc. common stock have begun trading "regular way" on The New York Stock Exchange under the ticker symbol "JAX."

J. Alexander's Holdings, Inc., which presently has 41 restaurants across 14 states, recently signed leases to develop two new J. Alexander's restaurants, one in Lexington, KY and one in Raleigh, NC, and a new Stoney River Steakhouse and Grill in Germantown, TN near Memphis. Stout said the Company also has begun to transition 12 J. Alexander's to Redlands Grill restaurants, a third concept in the award-winning, upscale collection owned and operated by J. Alexander's Holdings.