WASHINGTON The advertising mogul and Washington celebrity who owns the Redskins football team and Six Flags amusement parks is buying the Johnny Rockets retro-themed diner chain through his RedZone Capital private-equity firm. Aprice was not disclosed, but the 202-unit chain’s value has been assessed by analysts at more than $500 million. The deal is expected to close during March.RedZone is an investment vehicle of Dan Snyder, who reputedly earned $1 million from investments while ...
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Contact: Desiree Torres Desiree.Torres@penton.com