$1.3-billion acquisition

With no other bids, Fertitta Holdings, a private equity company formed by the executive to acquire the chain, has passed one more step in its plan to pay $21 per share and assume $885 million in debt to take Landry's private. The company operates restaurants under the Landry's Seafood House, Chart House, Rainforest Café, Saltgrass Steak House and Signature Group banners, as well as hotels, marinas, retail stores and the Golden Nugget Hotels and Casinos in Las Vegas and Laughlin, NV.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.