Landry’s Restaurants Inc. won the 45-unit Claim Jumper chain in a bankruptcy auction with a $76.6 million bid, beating offers from a private-equity firm and a group that included the casual-dining concept's founder, Craig Nickoloff. Following negotiations that went late into the night Thursday, Landry’s bid of $48.3 million in cash, $23.3 million in assumed liabilities and $5 million in letters of credit was deemed the highest and best offer. The proposed acquisition is ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now.We promise it will only take a few minutes!
Questions about your account or how to access content?