Reporter's Notebook

Fertitta confident on McCormick deal

Landry's CEO says patience is key

Tilman Fertitta

Houston hospitality titan Tilman Fertitta, owner of Landry's Restaurants, last week predicted his bid for McCormick & Schmick's would eventually bear fruit.

In an address Thursday at the Houston Chronicle 100 event, Fertitta said his $137.3 million, recently extended offer at $9.25 a share for the 94-unit Portland, Ore.-based seafood chain would be accepted.

"When it's all over," he told the group, "I'll end up with it, because that's just the way it is."

Fertitta also told the group his strong acquisition record relied on not rushing the deal. "If you are just patient, the deals always come back to you," he said.

Contact at Run Ruggless at
Follow him on Twitter: @ronruggless

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Reporter's Notebook is NRN's newsroom blog, where our editors give their points of view on news happening in the restaurant business.


Lisa Jennings

Follow @livetodineout From the Los Angeles office, Lisa Jennings covers companies based in the West, including California, Washington, Oregon, Colorado, Nevada, Wyoming, Montana, Utah, Alaska and...

Ron Ruggless

Ron Ruggless covers the states of Arizona, Arkansas, Kansas, Louisiana, Missouri, Mississippi, New Mexico, Oklahoma and Texas. He joined Nation's Restaurant News in 1992 after working 10 years in...
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