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casual dining

Financing

Group including Red Mango's parent closes on Friendly's acquisition

Amici Partners Group said it intends to keep all 130 surviving locations open.

Financing

Fogo de Chao gets back in the growth game

The Brazilian steakhouse concept had a better year than you'd think and is looking to get back to expansion.

The struggling eatertainment chain has appointed a partner of investment group Hill Path Capital to its board.

Rick Cardenas will move up to president and COO of Darden Restaurants while Raj Vennam will become CFO.

He assumes the job from CEO Kent Taylor, who said the move will free him to focus on new business endeavors for the company.

The multi-brand operator said 10 of its 46 restaurants have closed their dining rooms.

What’s the field look like? Here’s a rundown of several well-fueled growth vehicles and where their development stands.

The company is aggressively developing brands around takeout, but it also insists that casual dining is not dead.

The casual chain says its debt load is $220 million lighter, with no repayments due near-term.

Fast-casual and to-go-only prototypes are under development, the Korean-chicken chain says.

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