GREENWOOD VILLAGE Colo. Red Robin Gourmet Burgers Inc. said its Red Robin International Inc. holding has agreed to buy 18 franchises of the parent company's namesake casual-dining concept for $47.5 million in cash from Top Robin Ventures Inc. and Morite, both of California. The would-be buyer has already agreed to sweeten the deal with an additional $1 million payment because of the stores' sales performance during the January-through-March period, according to the announcement of the sale. ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?