Pat & Oscar’s likely to be sold, officials say

SAN DIEGO Officials of the 19-unit Pat & Oscar’s fast-casual chain said it would likely be spun off within a year by Australian-based private-equity owner Pacific Equity Partners, which also owns the Sizzler brand.

San Diego-based Pat & Oscar's was in talks with a potential buyer recently, but the deal was squelched by the recent credit market crunch, said its chairman and chief executive, John Wright.

"We're going to pull back until the situation

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