Time to Chow Down on this High-Dividend, Low-Debt Takeover Candidate?

In February of this year Landry's, which operates McCormick & Schmicks, Chart House and several other restaurant chains, made an offer of $22 a share for Ark Restaurant Corp. (NASDAQ: ARKR ). Ark Restaurants, which owns and operates 19 restaurants and bars, along with 22 fast food concepts and catering