A monthlong standoff came to an end Tuesday when stockholders of OSI Restaurant Partners just barely approved selling it to two buyout firms. Now industry experts and perhaps employees, too, wonder whether a sale of OSI’s brands is on the horizon.
Finally, the sale of OSI looks like it will finally be complete. What does this mean for the casual dining behemoth?
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Chris Romm says:
Great idea for them to go private. Their restaurants have become tired over the past few years. The Cheeseburger in Paradise operations are at an all time low in terms of food quality and service. The unit on Maui is a shining example of how a great concept can go bad. The only reason is it successful is because of it’s location. As we all know, location is almost everything, the rest is consistency of product and service.
8 July 2008, 11:46 am