Einstein Noah Sets IPO Terms

New World Restaurant Group Inc., a Golden, Colo.-based franchisor and operator of Einstein Bros. and Noah's bagel shops, has set its proposed IPO terms to five million common shares being offered at between $19 and $21 per share. It plans to trade on the Nasdaq under ticker symbol BAGL, with Morgan Stanley and Cown & Co. serving as co-lead underwriters. The company already is quoted on the Pink Sheets, and plans to rename itself Einstein Noah Restaurant Group Inc. prior to the offering. Greenlight Capital holds a 94.1% pre-IPO position.