Pat & Oscar’s likely to be sold, officials say

SAN DIEGO Officials of the 19-unit Pat & Oscar’s fast-casual chain said it would likely be spun off within a year by Australian-based private-equity owner Pacific Equity Partners, which also owns the Sizzler brand.

San Diego-based Pat & Oscar's was in talks with a potential buyer recently, but the deal was squelched by the recent credit market crunch, said its chairman and chief executive, John Wright.

"We're going to pull back until the situation sta

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