Landry's CEO on the art of the deal

Tilman Fertitta, founder and chairman of Landry’s, closed his long-sought-after $1.4 billion deal to acquire the company on Wednesday, and is opening up on his plans for the casual-dining and gaming giant.

It took Fertitta about two years, in fits and starts, to take Landry's Restaurants Inc. private at $24.50 a share, to create Landry's Inc. He owned about 55 percent of the public company, but he said he is looking forward to proceeding as 100-percent owner.

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