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J. Alexander's was acquired by Fidelity National Financial in 2012. It was spun off in 2015. It nearly acquired Ninety Nine Restaurant and Pub from Fidelity National Financial in 2017, [ 6 ] but the deal was ultimately broken off due to shareholder opposition to Fidelity regaining controlling stake. [ 7 ]
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Alexander's, Inc. is a real estate investment trust that owns 7 properties in New York metropolitan area, including 731 Lexington Avenue, the headquarters of Bloomberg L.P. It is controlled by Vornado Realty Trust .
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Six months later, Flagstar emerged from bankruptcy as Advantica Restaurant Group Inc. and with three-fourths of its stock controlled by four of the former Flagstar's senior creditors. At the time of emergence, Advantica owned Denny's, Carrows, Coco's, El Pollo Loco and Quincy's Family Steakhouse and was the largest franchisee of Hardee's ...