Opher BanarieMacaroni Grill Sale
August 18th 2008 21:37
Dallas-based Brinker International Inc., which operates Romano's Macaroni Grill, Chili's Grill & Bar, On The Border Mexican Grill & Cantina and Maggiano's Little Italy, has agreed to sell 80% of Macaroni Grill to "...an affiliate of San Francisco private-equity firm Golden Gate Capital for $131.5 million" reports the Wall Street Journal.
Who knew that all those chains were one company? The WSJ story goes on to say that
Who knew that all those chains were one company? The WSJ story goes on to say that
[O]ther casual-restaurant operators have been suffering from slowing customer traffic, increased commodity costs and an overcrowded market. Several chains in the space have filed for bankruptcy in recent weeks.
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