Restaurant industry merger-and-acquisition activity continued to level off in 2012, but was still dominated by private equity interest in the space and franchise deals, according to a census by J.H. Chapman Group LLC. The Chicago-based investment banking firm’s annual “Chain Restaurant Merger & Acquisition Census” captured 96 deal announcements in 2012, slightly fewer than the 100 reported in 2011. The 2012 tally was an increase of 8 percent over the 89 deals ...

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