Tuesday, August 18, 2009

Steak n Shake to buy Western Sizzlin

The Steak n Shake Co.’s announcement this morning that it plans to purchase Western Sizzlin Corp. for about $23 million puts the Indianapolis restaurant company back in the steakhouse business for the first time since exiting it nearly a decade ago.In 2000, the company — then known as Consolidated Products Inc. — sold off its 11 Colorado Steakhouses in order to focus on its core Steak n Shake business.

Read more;
http://www.ibj.com/html/detail_page.asp?content=43869AmpersandRedirected=true

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