Despite credit crunch, deal making looks healthy in ’08

Even as the nation’s credit crunch promises to slow the pace of deal making in the restaurant industry, operators still can anticipate a healthy merger-and-acquisition environment in the year ahead, investment professionals said.

Deals will take longer, and the number of transactions and valuations no doubt will decrease compared to the past few years, observers said. But with public companies trading at historic lows, some concepts still promising healthy returns and a large number o

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