OSI's $3.5B buyout is completed

TAMPA Fla. After several setbacks and speculation the deal might never close, OSI Restaurant Partners, Inc. today announced the completion of its $3.5 billion acquisition by an investor consortium. The group consists of private equity firms Bain Capital Partners LLC and Catterton Management Co. LLC, as well as company founders Chris Sullivan, Bob Basham and Tim Gannon and certain members of OSI management.

With the transaction complete, Bain Capital owns a

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