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finance

Financing

Sale of The Palm commences

The families that have owned the brand since 1926 have hired a banking adviser to commence a change in ownership.

Financing

Cava Group raises another $40M

The owner of Cava Grill and Zoes Kitchen closed on its latest fundraising round last month.

A federal judge cleared the way despite protests from one side in the fierce family battle.

With casual-dining chains struggling and few buyers to compete with, the Landry’s owner is on another buying binge, says RB’s The Bottom Line.

At the Restaurant Finance & Development Conference, a sense of concern about the state of the economy prevailed, even as technology provides opportunities, says RB’s The Bottom Line.

Bloomin' Brands said its stock price doesn’t reflect its performance and that it is exploring strategic alternatives, sending shares soaring.

The assessments differ—in an unexpected way.

The six-month pilot location, a test of its international expansion strategy, will reportedly lose its lease amid pushback from LGBTQ activists.

As part of the deal, Simon Property will provide the food and entertainment chain with leases to three locations, with more to follow.

Chanticleer Holdings is merging with a biotech company that develops cancer drugs and plans to spin off its restaurants.

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