Bloomin’ Brands Agrees to Buy 61 Outback Steakhouse Restaurants for $26.3 Million
Bloomin’ Brands signed a deal to buy substantially all assets of Out West Restaurant Group, an independently owned franchisee that filed for Chapter 11.
By Connor HartBloomin' Brands has agreed to purchase 61 Outback Steakhouse restaurants from an independently owned franchisee that had filed for bankruptcy.The restaurant group on Monday said it has signed a deal to buy substantially all of the assets of Out West Restaurant Group for $26.3 million…