Barbeque News Archive - 05-Dec-2007
Darden Restaurants Inc., which operates the Red Lobster and Olive Garden restaurant chains, said Tuesday it agreed to sell its Smokey Bones barbeque & Grill chain to an affiliate of Sun Capital Partners Inc. for about $80 million.
An affiliate of Sun Capital Partners Inc. has inked a deal to buy the 73-restaurant Smokey Bones barbeque & Grill chain from Darden Restaurants Inc.
Darden Restaurants Inc., which operates the Red Lobster and Olive Garden restaurant chains, said it agreed to sell its Smokey Bones Barbeque & Grill chain.
The Smokey Bones Barbeque & Grill in Colonie, N.Y., is one of 73 restaurants in the chain that will be purchased by an affiliate of Sun Capital Partners Inc., the companies said Tuesday.
There's new life behind Smokey Bones Barbeque & Grill. An affiliate of Sun Capital Partners Inc. is buying the 73-restaurant chain, which includes a jukin' joint up in Clay. The deal is valued at $80 million.
Smokey Bones Barbeque & Grill announced Tuesday it will be purchased by an affiliate of Sun Capital Partners Inc. for approximately $80 million.
Boca Raton private equity firm Sun Capital Partners continued gobbling up restaurants, saying Tuesday it's buying the struggling Smokey Bones Barbeque & Grill chain from Orlando's Darden Restaurants for about $80 million.
ORLANDO, Fla. (AP) - Darden Restaurants Incorporated says it has agreed to sell its Smokey Bones Barbeque & Grill chain for about $80 million. Darden sold the chain to an affiliate of Sun Capital Partners Incorporated - Barbeque Integrated Incorporated.
NEW YORK ? Darden Restaurants Inc., the owner of the Red Lobster and Olive Garden chains, agreed to sell the Smokey Bones Barbeque & Grill chain to buyout fund Sun Capital Partners Inc. for $80 million to focus on more profitable restaurants.
BOSTON (Thomson Financial) - Darden Restaurants Inc. Tuesday said it has entered into a definitive agreement to sell its Smokey Bones barbeque & Grill chain to barbeque Integrated Inc. for $80 million.
