Incremental debt at least 15% would grow outstanding facility to $2.5 billion, Reuters says

Casual-dining brand also suspends rent for April amid shift to off-premise sales

Same-store sales were down more than 70% in each of the last three weeks despite a dramatic uptick in to-go sales at Olive Garden and LongHorn Steakhouse.

Allegro Merger Corp. terminates deal due to ‘extraordinary market conditions’

Company says off-premise model ‘operating sustainably’ with annualized average sales of $3M per unit

Entertainment-dining company outlines response to coronavirus pandemic

The board of directors recommends against the proposal

In business update, parent Brinker says ‘virtually all’ restaurants in off-premise mode, closes fewer than 10 units

Takeout and delivery only is the new mandate, but operators are grappling with the ethical and economic realities of running restaurants at all during the time of coronavirus