Two CRO owners sell majority of their stake in the company

DALLAS Two major owners in Consolidated Restaurant Operations Inc., the 135-unit operator here, have sold back portions of their stock, leaving chief executive John D. Harkey Jr. with more than 80 percent of the private company’s shares.

Gene Street, who co-founded the Black-Eyed Pea Chain and sold his Good Eats restaurants to CRO, and investor John Cracken have sold most of their stake in the company. CRO also operates the El Chico and Spaghetti Warehouse

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