Brinker forms new venture for Mexican development

DALLAS Brinker International Inc. and a Mexican multiconcept restaurant company have created a new corporation to develop Chili's Grill & Bar and Maggiano's Little Italy brands in Mexico.

Brinker and CMR SAB de SV, formerly known as Corporacion Mexicana de Restaurantes, said the venture would develop at least 50 restaurants over the next four years. The companies expect five restaurants to open by the end of this year and nine more to open by the end of 2008.

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