Discovery Group, a Chicago-based investment firm, acquired a 6.3-percent stake in McCormick & Schmick’s Seafood Restaurants Inc. in what some see as a move to take advantage of an expected higher sale price. Last week, Houston hospitality magnate Tilman Fertitta withdrew his unsolicited tender offer for the seafood chain, although he said his attempts to complete an acquisition will continue. Fertitta’s LSRI Holdings Inc., a subsidiary of Landry’s Inc., in early April ...
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Contact: Desiree Torres Desiree.Torres@penton.com