Officials with Red Robin Gourmet Burgers Inc. said they could not comment on press reports last week that the company is in talks with possible bidders. According to Bloomberg News, the newsletter Deal Reporter cited unidentified sources saying Red Robin is exploring alternatives including a possible sale, and that management has met with at least two parties. Securities analysts have pointed to the 440-unit casual-dining chain as a buyout target in recent months, and adding fuel to the ...
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Contact: Desiree Torres Desiree.Torres@penton.com