Praesidian Capital, owner of Charlie Brown’s Steakhouse chain, has acquired Texas Steakhouse & Saloon, the New York-based company said in a statement. Texas Steakhouse & Saloon consists of 19 units in North Carolina, Virginia, and West Virginia. Because the casual-dining brand is already well known in those states, the restaurant chain will retain its brand, said Rivian Bell, spokeswoman for Praesidian. Terms of the deal were not disclosed. Bell said that the ...

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