Max & Erma’s Restaurants, Inc. (NASDAQ/Capital Market: MAXE) announced Friday the signing of a definitive agreement with G&R Acquisition, Inc. (G&R), an entity formed by Gary Reinert, Sr. of Pittsburgh, Pennsylvania. This will probably be a great move for the struggling casual dining chain. They will have more breathing room in a segment that is really taking it on the chin over the past couple of years.
The regional brand has been a stronghold in the Ohio and Indiana regions. But it hasn’t been able to break out. I love the food and the concept. We will see if this acquisition will bring more to the brand.
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