CULVER CITY CALIF. Sizzler, operator or franchisor of more than 300 limited-service grill and salad bar restaurants worldwide, is for sale, and Ken Cole, its U.S. president and chief executive, is stepping down to lead the casual-dining Quaker Steak & Lube chain. — Sydney, Australia-based Pacific Equity Partners, or PEP, which in 2005 paid $208 million to take private Worldwide Restaurant Concepts, the holding company that ...

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