Landry’s, Inc. reeled in seafood chain McCormick & Schmick’s in a buyout on Jan. 3, six months after the floundering chain was put on the market. The move signifies an end–and a new beginning–to the brand that touted its old-fashioned ways and hung onto them until they killed it.
Tilman J. Fertitta announced today that Landry's, Inc. has signed an Agreement to acquire 100% of McCormick & Schmick's Seafood Restaurants, Inc. for $8.75 a share.Landry's will acquire MSSR through an all-cash tender and merger.
It means doubling dishwashing duty, but there’s an upscale restaurant in Phoenix that delivers a trick that wows its customers.When guests are halfway through their cocktails, servers at Hillstone (formerly Houston's) re-glass the drinks.
McCormick & Schmick’s Seafood Restaurants, Inc. today reported financial results for its first quarter ended March 30, 2011.Financial results for the first quarter 2011 compared to the first quarter 2010:Revenues decreased 1 percent to $84 million from $84.