The unprecedented wheeling and dealing among private-equity players in the restaurant industry has had me wondering for some time now, how can I get in on the action?Well, quite simply, I can’t.I can’t own any restaurant stocks; it would be a conflict of interest. Even if I could, I still wouldn’t be able to enjoy the billion-dollar deals making some private-equity executives and restaurant owners very rich—and that would bother me if I were a shareholder.The rash of public buyouts, ...

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