Darden to sell Smokey Bones for $80M

BOCA RATON Fla. Sun Capital Partners Inc. is adding a barbecue concept to its burgeoning restaurant portfolio by paying $80 million for the remains of Darden Restaurants Inc.’s Smokey Bones Barbeque & Grill chain.

If the deal closes as expected within the next 45 days, Sun Capital would own all or a piece of 34 restaurant concepts, operated or franchised by Boston Market Corp., Bruegger’s Enterprises, Fazoli’s Restaurants, Friendly Ice Cream Corp., Garden Fres

Register to view the full article

Register to view this article

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish