TAMPA Fla. For the second time in two weeks, Outback Steakhouse parent OSI Restaurant Partners Inc. has postponed a special shareholder meeting to solicit more votes on the proposed $3.2 billion buyout of the company, leaving the casual restaurant operator’s future uncertain. An announcement late Monday night pushed back the meeting scheduled to begin 11 a.m. on Tuesday to May 22. Last week, after the company's first postponement, reports indicated that shareholders may be holding out ...
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Contact: Desiree Torres Desiree.Torres@penton.com