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Max & Erma’s sold to Pittsburgh restaurant vet

COLUMBUS Ohio Max & Erma's Restaurants Inc., parent of the 107-unit namesake casual-dining brand, has agreed to be acquired for about $10.2 million by G&R Acquisition Inc., a holding of Pittsburgh restaurateur Gary Reinert Sr.

The boards of Max & Erma’s and G&R unanimously approved the $4-per-share buyout, which represents a 37-percent premium over Max & Erma's closing price of $2.92 on Friday. Principal stockholders who collectively own about 45 percent of

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