Tuesday, June 22, 2010

Fertitta sweetens Landry's offer again

Landry's Restaurants Inc. CEO Tilman Fertitta has raised his offer in a successful bid to gain an activist investor’s approval for the executive's acquisition of the company, Landry’s said Tuesday.

Fertitta upped his bid for the Houston-based restaurant chain by 50 cents to $24.50 a share.

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