Café Rio Inc. may be the next restaurant chain to go public. The Wall Street Journal has reported that owners of the Salt Lake City-based fast-casual Mexican chain are interviewing banks ahead of a planned initial public offering, citing unnamed sources. Bob Baker, Café Rio’s president and chief financial officer, said he couldn’t comment on the report, as did officials with the chain’s private-equity owner, KarpReilly LLC. RELATED • Breakout ...
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