FORT MYERS, Fla. Prime Restaurants, a start-up restaurant holding company with plans for aggressive expansion along the Eastern Seaboard, said it is acquiring two unnamed metropolitan New York restaurants with gross revenues of $2 million dollars...
DALLAS Romacorp Inc., parent of the 194-unit Tony Roma’s rib chain, said president and chief executive Marc Buehler was leaving the company just two months after being appointed to those posts. The company said Buehler was leaving to...
NEW YORK Attorneys for the New York State Restaurant Association opened the trade group’s lawsuit against New York City in U.S. District Court here today, arguing that the city’s health department overstepped its authority when it ruled that some...
ROANOKE, Va. Sardar Biglari, chairman and chief executive of The Lion Fund LP hedge fund and the Western Sizzlin’ Corp. family restaurant chain, said Wednesday that he planned to vote against IHOP Corp.’s pending acquisition of Applebee’s...
OAK BROOK Ill. As expected from its pre-release last week, McDonald’s Corp. posted its second-ever quarterly net loss on Tuesday, the result of a one-time charge of $1.6 billion for the sale of 1,600 restaurants and development licenses in Latin...
