Brazil-based International Meal Co., a franchisee of the Margaritaville casual-dining brand, is buying the 10-unit Margaritaville and two-unit LandShark Bar and Grill chains from Orlando, Fla.-based Margaritaville Enterprises. Sao Paulo-based International Meal Co. Holdings S.A. owns and operates Margaritaville franchise units in the Puerto Rico and Panama airports and has worked with Margaritaville since 2010. IMC also owns 386 casual and quick-service restaurants in Brazil, the ...

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