Carlson buys stake in U.K. Friday's group

CARROLLTON Texas Carlson Restaurants Worldwide, parent of the T.G.I. Friday's and Pick Up Stix chains, said it teamed up with London-based ABN AMRO Capital to acquire the 45 Friday's units in the United Kingdom from Whitbread PLC for $137.8 million.

Richard Snead, president and CEO of Carlson, based here, said ABN would own 60 percent of the business and Carlson would control 40 percent.

"We are pleased to have secured ABN AMRO Capital's backing and

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