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Planet Hollywood Buys Buca di Beppo

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Reeling from a tough economy and financial mismanagement by former executives, Minneapolis restaurant chain Buca Inc. is being acquired by Planet Hollywood in a deal valued at $28.5 million, including debt.

The acquisition comes a month after the firm's Buca di Beppo chain of Italian restaurants celebrated 15 years in business. It went public in 1999.

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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...
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