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Outback Steakhouse's once-biggest franchisee filed for bankruptcy over rising costs

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Summary

Bloomin' Brands agreed to buy the 61-restaurant operator's assets for $26.3 million, subject to higher bids and court approval

Description from Quartz.

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  1. Quartz Leans left Factuality: High US
    Outback Steakhouse's once-biggest franchisee filed for bankruptcy over rising costs

    Bloomin' Brands agreed to buy the 61-restaurant operator's assets for $26.3 million, subject to higher bids and court approval

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