Sizzler up for sale as chief executive exits for Quaker Steak post

Sizzler up for sale as chief executive exits for Quaker Steak post

CULVER CITY CALIF. Sizzler, operator or franchisor of more than 300 limited-service grill and salad bar restaurants worldwide, is for sale, and Ken Cole, its U.S. president and chief executive, is stepping down to lead the casual-dining Quaker Steak & Lube chain. —

Sydney, Australia-based Pacific Equity Partners, or PEP, which in 2005 paid $208 million to take

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