Items 1 through 9, and Item 11.

This Amendment No. 7 to Tender Offer Statement on Schedule TO amends and supplements the statement originally filed on January 6, 2006, as amended and restated on February 3, 2006, and as subsequently amended on February 8, 2006 and February 17, 2006, by F&H Acquisition Corp., a Delaware corporation (“Parent”), NPSP Acquisition Corp. (the “Purchaser”), a Delaware corporation and a wholly owned subsidiary of Parent, Newcastle Partners, L.P., a Texas limited partnership, and Steel Partners II, L.P., a Delaware limited partnership. This Schedule TO relates to the offer by the Purchaser to purchase all outstanding shares of common stock, par value $0.01 per share (the “Shares”), of Fox & Hound Restaurant Group, a Delaware corporation (the “Company”), at $16.30 per Share, net to the seller in cash, without interest, upon the terms and subject to the conditions set forth in the Amended and Restated Offer to Purchase, dated February 3, 2006 (the “Amended and Restated Offer to Purchase”), and in the related Letter of Transmittal (which, together with any amendments or supplements thereto, collectively constitute the “Offer”). The information set forth in the Amended and Restated Offer to Purchase and the related Letter of Transmittal is incorporated herein by reference with respect to Items 1 through 9 and 11 of this Schedule TO.

Items 1 through 9 and 11 of the Schedule TO, which incorporate by reference certain information contained in the Offer to Purchase, are hereby amended and supplemented as follows:

“On February 17, 2006, the United States Federal Trade Commission notified Parent that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”), relating to its cash tender offer to purchase all of the outstanding shares of Fox & Hound not already owned by it (or its subsidiaries, including the Purchaser) had been terminated. Accordingly, the condition to the Offer relating to the termination of the waiting period under the HSR Act has been satisfied.”

Not applicable.

On February 21, 2006, Parent issued a press release announcing that it has received early termination by the United States Federal Trade Commission of the required waiting period under the HSR Act with respect to its cash tender offer to purchase all of the outstanding shares of Fox & Hound not already owned by it or its subsidiaries (including the Purchaser) for $16.30 per share. The press release issued by Parent announcing the early termination of the HSR waiting period is attached hereto as Exhibit (a)(5)(xiii).