Private-equity bidders sweeten offer for Outback's parent

TAMPA Fla. The private-equity suitors attempting to buy Outback Steakhouse parent OSI Restaurant Partners Inc. sweetened their offer Tuesday morning to $41.15 per share, from the original $40, hoping to sway public shareholders who have held out on approving the deal. Their refusal has twice forced OSI to postpone a vote on the buyout.

Just hours prior to today's scheduled start time of OSI's special shareholder meeting, the would-be buyers Bain Capital

Register to view the full article

Register to view this article

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.