A charity-based licensing firm won the bid Wednesday for the intellectual property rights of the shuttered Tavern on the Green restaurant, enabling it to expand the iconic Central Park New York establishment into a chain. Headed by Lou Bivona, New Jersey-based Tavern International LLC agreed to pay $1.3 million for the trademark rights that will allow it to license Tavern on the Green restaurants in other parts of the United States and around the world. The company also plans to produce a ...
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Contact: Desiree Torres Desiree.Torres@penton.com