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P. F. Chang's China Bistro is an American-based, casual dining restaurant chain founded in 1993 by Paul Fleming and Philip Chiang that serves Asian fusion cuisine. Centerbridge Partners owned and operated Chang's until acquired by the private equity firm TriArtisan Capital Advisors on March 2, 2019. [ 6 ]
Centerbridge Partners bought PF Chang's back in 2012 in a $1.10-billion deal including Pei Wei Asian Diner. However, those two brands are now separate from each other.
Damola Adamolekun, P.F. Chang’s CEO and Paulson & Co. Partner joins the Yahoo Finance Live panel to discuss P.F. Chang’s To Go concept and the impact of COVID on the restaurant industry.
The restaurant chain was created as Pei Wei Asian Diner in 2000 by P. F. Chang's China Bistro (PFCB) to compete in the fast casual restaurant segment with a Pan Asian menu and quick, made-to-order service model, while P. F. Chang's remained in the full-service restaurant segment. [2] The first Pei Wei location opened in Scottsdale in 2000. [3]
The first of the now-cross-country restaurant chain appeared in Scottsdale, Arizona in 1993. The name P.F. Chang's is derived from Paul Fleming's initials (“PF"). He also conceptualized Pei Wei Asian Diner, a casual, quick-service offshoot of P.F. Chang's. P.F. Chang's was sold in 2012 for $1.1 billion. [12]
P.F. Chang's is a casual family-centric restaurant chain that's been around for over three decades. Although the restaurant is often thought of as being Chinese-focused, the inspiration for the ...
John Antioco is an American businessman, an 8-time CEO for iconic American brands including Circle K, Taco Bell, Blockbuster Video, TGI Fridays and PF Chang’s. He is now chairman of the board of directors at BRIX Holdings LLC and the Managing Partner of JAMCO Interests LLC.
P.F. Chang’s features a full bar, and it has launched an All Day Every Day Happy Hour Menu whose drinks only ever cost $5. These include select wine, beer, and cocktails such as the Zen ...
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