UPDATE: Brinker sells On the Border

DALLAS Brinker International Inc. said last week it is selling its 160-unit On The Border Mexican Grill & Cantina casual-dining chain to Golden Gate Capital, a private-equity firm based in San Francisco. Brinker also upped its annual earnings guidance and agreed to a larger share repurchase authorization.

 

Dallas-based Brinker, parent to the Chili’s Grill & Bar chain, among others, did not disclosed terms of the deal with the Golden

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