Ted’s Montana Grill, the Atlanta-based casual-dining chain, shuttered nine underperforming restaurants around the country on Monday. George McKerrow Jr., who co-founded the 46-unit chain with media entrepreneur Ted Turner, called the closings “unfortunate.” “It’s been a rough time for our industry,” said McKerrow, founder of LongHorn Steakhouse and chief executive of Ted’s Montana Grill. “We had to get smaller before we get bigger. It’s ...

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