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Prime Restaurants hints at two N.Y. acquisitions

FORT MYERS, Fla. Prime Restaurants, a start-up restaurant holding company with plans for aggressive expansion along the Eastern Seaboard, said it is acquiring two unnamed metropolitan New York restaurants with gross revenues of $2 million dollars each. Terms were not disclosed.

In recent few weeks, Prime has announced a new president and chief executive, Cris Galo, as well as negotiations to acquire a location in Fort Lauderdale, Fla. The Fort Lauderdale

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