SWRG discloses details of post-buyout set-up

NEW YORK After the pending acquisition of The Smith & Wollensky Restaurant Group is completed, the company's upscale New York restaurants will be spun off into a new concern called Fourth Wall Restaurants, which Michael Stillman, the son of founder Alan Stillman, will serve as president, SWRG revealed.

Fourth Wall's holdings would include SWRG's newest concept, Park Avenue Summer, whose name will change four times a year to reflect the season, according to press

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