PJ America, Inc. (Nasdaq:PJAM) announced Friday (31 August) the acquisition by PJ Acquisition Corp. of the remaining outstanding shares of common stock of PJ America. A tender offer for the shares expired on August 27, 2001, resulting in the acquisition by PJ Acquisition Corp. and an Investor Group consisting of several officers, directors and significant stockholders of PJ America of approximately 2,500,000 shares. The acquisition of the remaining shares was made by means of a short form merger under Delaware law, effective as of 5:00 p.m. EDT August 31, 2001.