Landry's bid for casual-dining chain OK'd as scheduled
A U.S. bankruptcy court in Delaware approved the sale of the Claim Jumper casual-dining chain to Landry’s Restaurants Inc. on Tuesday. Anita-Marie Laurie, a spokeswoman for Claim Jumper, said Landry’s’ bid, valued at $76.6 million — including $48.3 million in cash, $23.3 million in assumed liabilities and $5 million in letters of credit — was approved by the court as scheduled. Landry’s’ bid was deemed the highest and best in a bankruptcy auction ...
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Contact: Desiree Torres Desiree.Torres@penton.com