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In June 2019, Del Frisco accepted an offer from L Catterton in the vicinity of $650 million cash. L Catterton will also purchase Del Frisco stock for $8.00 a share, [6] as June 26, 2019, the closing price of Del Frisco stock was $7.94. [7] In September 2019, Landry's acquired Del Frisco's Restaurant Group for around $650 million. [8]
Del Frisco's Double Eagle Steak House is a fine dining restaurant steakhouse chain founded in 1981 that was operated by Del Frisco's Restaurant Group until the restaurant was acquired by Landry's, Inc. in September 2019, with 71 locations across the United States.
Within the portfolio are many luxury hotels and well known restaurant brands such as Rainforest Café, Del Frisco's, Bubba Gump Shrimp Company, Morton's The Steakhouse, among others. Additionally, the company is the largest shareholder of food delivery app ASAP. [3] It is headquartered at The Post Oak tower in Uptown Houston.
Although business headlines still tout earnings numbers, many investors have moved past net earnings as a measure of a company's economic output. That's because earnings are very often less ...
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an additional 100,000 ft² (9,300 m²) of retail space that opened in August 2006. This redevelopment included a Kona Grill, Oceanaire Seafood Room, Del Frisco's Steakhouse, Gigi's Asian Bistro, and nine other retail stores. During the reconstruction, some of the former Lord & Taylor infrastructure was recycled, although a section of catwalks ...
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[1] [30] Del Frisco's would serve as the most upscale of the Lone Star Steakhouse family of restaurants. [1] The Del Frisco's Restaurant Group, including restaurants under the Del Frisco's Double Eagle Steak House, Del Frisco's Grille, and Sullivan's Steakhouse banners, separated from Lone Star when it went public in 2012. [26]