Brinker International acquired 11 Chili's restaurants (Alberta, Canada) for $24.6 million, a transaction announced in June 2013.
Brinker bought back 11 franchised Chili's restaurants in Alberta, Canada from an existing franchisee to pursue direct company-owned growth of the Chili's brand in the Canadian market.
Brinker bought back 11 franchised Chili's restaurants in Alberta, Canada from an existing franchisee to pursue direct company-owned growth of the Chili's brand in the Canadian market.
On June 1, 2013, we completed the acquisition of 11 Chili's restaurants in Alberta, Canada from an existing franchisee for $24.6 million in cash.
Advisory firms were not disclosed for this transaction.