Buca acquisition moves forward

ORLANDO Fla. Planet Hollywood International Inc. said it has completed the initial steps of its tender offer to acquire Buca Inc. in a $9.7 million deal.

Asubsidiary of Planet Hollywood, Buca Financing LLC, offered 45 cents for each Buca share. As of Tuesday, about 18.01 million shares, or about 84 percent of total Buca shares outstanding, had been validly tendered. On Wednesday, Buca Financing began a subsequent tender offer, which is set to expire Friday, to

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