CULVER CITY Calif. Plans to sell the Sizzler steak brand have been put on hold because of declining conditions in the financial markets, officials were scheduled to announce Monday. Sydney, Australia-based Pacific Equity Partners, the brand's current owner, hired an investment banking firm Houlihan Lokey in February to find a buyer for Sizzler USA, the chain's domestic franchisor, as well as its international businesses. A deal was expected to close by this summer. PEP bought ...
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!