TAMPA Fla. Despite shareholder criticism and a delay of the vote for almost a month, Outback Steakhouse parent OSI Restaurant Partners Inc. won stockholders' approval today of a $3.2-billion buyout of the casual-dining giant by an investment consortium that includes the company's founders, certain members of management and two private-equity firms. The approval came this morning at a special shareholder meeting, which had been postponed twice so that the buyers could solicit enough ...
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Contact: Desiree Torres Desiree.Torres@penton.com