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On August 24, 2010, Rubio's Restaurants, Inc. announced the closing of its merger with a subsidiary of Mill Road Capital, L.P. to take the company private. Rubio's former stockholders were to receive $8.70 per share in cash in the transaction. [citation needed] Rubio's first restaurant in Colorado open in 1999. [6]
At its peak, Rubio’s boasted about 200 restaurants with locations in Colorado and Florida, according to the Los Angeles Times. But the chain suffered during the pandemic, and rising costs led it ...
On Monday, Rubio's confirmed that it had closed 48 of its California restaurants on Friday — more than a third of its already slimmed-down chain of 134 restaurants. Rubio's, in a statement ...
Rubio's Restaurants (RUBO), owner of the Rubio's Fresh Mexican Grill chain, has agreed to go private in a transaction worth about $91 million, or $8.70 per share. The private equity sponsor of the ...
She said: "Italian marble, gold-leaf ceiling, lots of walnut paneling and dark red leather seats — to a small-town girl, it was the quintessential New York restaurant." Reuben claimed credit for the recipe for New York-style cheesecake, which he said he invented in 1928. [7] [8] [9] He also claimed credit for the Reuben sandwich. [10]
In 1939, WPA Guide to New York City said Schrafft's had 38 locations in the metropolitan area, serving American home food. [3] At its peak there were about 50 units in greater New York. In the late 1960s the Schrafft's candy company was sold to Helme Products while Pet, Inc. bought the restaurants in 1967 for US$14 million. [4]
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At least 50 of Denny's lowest performing restaurants will close by the end of 2024, the company said, while 100 other restaurants will be shuttered next year to increase Denny's overall cash flow.