Connect With Us


Brinker Sells Macaroni Grill

Brinker International Inc. will sell a majority stake in restaurant chain Romano's Macaroni Grill to an affiliate of private equity firm Golden Gate Capital for $131.5 million, Brinker said on Monday.

Brinker, which also owns the Chili's Grill & Bar chain, said it would retain a 20 percent interest in the brand. It expects the deal to close by year-end.

KeyBanc Capital Market Inc analyst Lynne Collier called the announcement "a slightly positive event" for the company.

"While we are encouraged that an agreement has finally been reached for the sale of Mac Grill, we believe that the final sale price was slightly lower than investors had expected," Collier said in a client note.


Please or Register to post comments.

What's TrafficCourt?

Industry news, views and occasional strange stuff.


Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
Blog Archive
National Real Estate Investor Related Sites

Sponsored Introduction Continue on to (or wait seconds) ×