TAMPA Fla. Outback Steakhouse parent OSI Restaurant Partners Inc. intends to sell its Roy’s seafood chain and other holdings that lack the potential to become major businesses, chairman Chris Sullivan reportedly said in a speech here Wednesday to investment bankers. Although OSI has been expected to peddle its smaller chains since it assumed about $2.4 billion in debt to fund a $3.2 billion leveraged buyout in June, the company had never confirmed the speculation. Last month, OSI ...
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Contact: Desiree Torres Desiree.Torres@penton.com