Restaurant Acquisition Partners buys Oregano's

ORLANDO Fla. Restaurant Acquisition Partners Inc. is buying the eight-unit Oregano's Pizza Bistro in a merger valued at $25.5 million, officials from both companies said Thursday.

The firm said it would acquire Oregano's, a full-service Italian concept, for around $17.75 million in cash and $7.75 million in common stock of Restaurant Acquisition Partners. The real estate of five restaurants and one in development is included in the deal.

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