Largest Outback Steakhouse U.S. franchisee files Chapter 11; Bloomin' Brands to buy 61 restaurants
Parent company Bloomin' Brands is expected to acquire 61 Outback restaurants after the chain’s largest U.S. franchisee filed for Chapter 11 bankruptcy.
Outback Steakhouse will buy 61 restaurants after its largest franchisee filed for Chapter 11 bankruptcy.