Act III Holdings and T. Rowe Price to invest $70m in BJ’s Restaurants.

Investment management firms Act III Holdings and T. Rowe Price Associates are set to invest $70m in BJ’s Restaurants, an operator of US-based restaurant chain. “On behalf of our team members, shareholders, Board of Directors and all BJ’s stakeholders, we are delighted to announce this new investment by Ron Shaich and Act III, and by funds and accounts advised by T. Rowe Price Associates. The capital raise announced today, together with other recent actions we have taken, will enhance BJ’s liquidity and strengthen our ability to welcome back our team members and re-open dine-in service at our restaurants," Greg Trojan, BJ’s Restaurants CEO.