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  Outback Shutters Chi-Chi's Chain   
   
Outback Steakhouse Inc. Shutters Chi-Chi's Chain, Will Convert Restaurants Into Other Brands

Chi-Chi's, the Mexican restaurant chain, may have served its last chimichanga. Outback Steakhouse Inc. this week closed on its $42.5 million deal for the rights to 76 restaurants in the Chi-Chi's chain, which was beleaguered by bankruptcy and a hepatitis outbreak.

Outback plans to convert many of the restaurants into its own brands -- which include its signature Outback Steakhouse, Carrabba's Italian Grills, Bonefish Grills, Fleming's Prime Steakhouse and Wine Bars, Roy's and Cheeseburger in Paradise restaurants.

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Date Listed: 2004-09-22

More news about: 
 Industry: Restaurants 
 Category: Development 
 Outback Steakhouse

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Outback Steakhouse News
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