Outback parent’s buyout challenged

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TAMPA A shareholder has sued OSI Restaurant Partners Inc. over the Outback Steakhouse parent’s pending $3.2-billion management-led buyout, alleging that the $40-a-share offer is “grossly unfair,” the Miami Herald reported Friday morning.

The stakeholder, Robert Mann, demanded that the company secure higher proceeds for shareholders by auctioning itself off.

When OSI’s buyout was firs

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