Texas Roadhouse acquired Two franchise Texas Roadhouse restaurants (Illinois) for USD 4.2 million, a transaction announced in December 2012.
Bought back two franchise restaurants in Illinois on the last day of fiscal 2012 to bring them company-owned, consistent with the strategy of increasing net income and EPS.
Bought back two franchise restaurants in Illinois on the last day of fiscal 2012 to bring them company-owned, consistent with the strategy of increasing net income and EPS.
Pursuant to the terms of the acquisition agreement, we paid a purchase price of $4.3 million.
Advisory firms were not disclosed for this transaction.