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Tech Tracker: How digital tech is capitalizing on the hot restaurant reservations market
Tock and Google now offer experience reservations; Diibs launches as a platform for bidding on last-minute reservations
Looser restrictions, investor interest help fuel public offerings in 2012
September 17, 2012
Sarah E. Lockyer
The first three quarters of 2012 have seen more initial public offerings from restaurants than the last four years combined — a result of both Wall Street’s appetite for new growth stories and the Jumpstart Our Business Startups, or JOBS, Act, a law signed earlier this year that allows for private filings of IPOs and eases securities requirements for smaller companies.
So far this year the restaurant sector has held IPOs for Outback Steakhouse parent Bloomin’ Brands Inc., steakhouse operator Del Frisco’s Restaurant Group Inc., Mexican casual diner Chuy’s Holdings Inc., and Joe’s Crab Shack owner Ignite Restaurant Group Inc.
Cheddar’s Casual Café and Dave & Buster’s Entertainment Inc. are also in the pipeline. Carl’s Jr....
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