Santa Fe Cattle Co. lines up $2M for growth

BRENTWOOD Tenn. The 20-unit Santa Fe Cattle Co. steakhouse chain has been infused with $2 million in expansion capital through the sale of restricted stock to two hedge funds, parent Santa Fe Holding Co. said Thursday

The proceeds will be used to lock up sites for development in 2008 and ’09, chairman Danny York said in a statement. Ten locations have already been secured, with construction under way at four of them, York indicated.

Midtown Partners

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