Tilman J. Fertitta is calling off his proxy battle with McCormick & Schmick’s Seafood Restaurants Inc. after the company on Monday said it was seeking a sale or other strategic alternatives. Fertitta on Wednesday night said he withdrew his quest to block a quorum at the McCormick & Schmick’s May 26 annual meeting, which he hoped would push the company to consider his buyout offer. Without enough votes for a quorum, the McCormick & Schmick’s board would not be ...

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