Bloomin’ Brands Seeks to Acquire Outback Restaurants from Bankrupt Franchisee
Bloomin’ Brands looks to buy Outback restaurants from bankrupt franchisee — Business Observer
This article discusses a potential acquisition by Bloomin’ Brands of Outback restaurants from a bankrupt franchisee, according to the Business Observer.
Key Takeaway: Bloomin’ Brands is taking advantage of a financial challenge faced by a franchisee to expand its restaurant portfolio.