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The family-dining chain is confident in the future of its takeout business.
The take-private deal comes less than three years after Fogo went public.
Shifting consumer demands have hammered the likes of Applebee's and Chili's, and their recovery is uncertain, says RB's The Bottom Line.
Paul Malazita was named interim CFO to replace Dexter Newman.
Inspire Brands, which owns Arby's and Buffalo Wild Wings, is a new kind of brand operator.
The company says it will focus on organic growth after shareholders block a proposed merger with Ninety Nine Restaurants.
The movie theater-restaurant chain raised less than it originally planned.
Marathon Partners accuses J. Alexander's of "manipulation" in its effort to merge with Ninety Nine Restaurants, says RB's The Bottom Line.
The casual-dining chain plans to buy out small shareholders to cut costs.
The founder of Planet Hollywood is now an activist investor in the casual-dining operator, The Bottom Line says.
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