Brinker International Inc. said Thursday it completed the $180 million sale of its 162-unit On The Border Mexican Grill & Cantina to Golden Gate Capital, a private equity firm based in San Francisco. Dallas-based Brinker said proceeds from the sale will be used to repurchase company shares, which Doug Brooks, president and chief executive of Brinker, said “emphasizes Brinker’s commitment to return value to shareholders.” Brinker expects to generate fees for a year ...
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?