DALLAS A U.S. bankruptcy court has approved Atalaya Capital Management’s acquisition of Bennigan’s Franchising Co. LP, including the company’s equity, trademarks and other assets. The deal, which includes the Tavern and Steak & Ale brands, is...
PLANO Texas Metromedia Steakhouses Co. LP, parent of the Ponderosa and Bonanza Steakhouse brands, said it has filed for Chapter 11 bankruptcy protection. The company said in a statement that it would continue operating and planned to...
SCOTTSDALE Ariz. P.F. Chang’s China Bistro Inc. reported on Wednesday a 43.8-percent year-to-year drop in third quarter profit because of charges for the planned closure of 10 Pei Wei Asian Diners and continued slow traffic at its restaurants. ...
DALLAS Brinker International Inc., parent to the Chili’s Grill & Bar chain, reported on Tuesday a 36.8-percent drop in its first quarter profit because of sales pressures and higher commodity prices. Brinker’s profit for the quarter ended...