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Buffett Sells Cheeseburger in Paradise! |
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Friday, 30 November 2012 11:43 |
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(Reuters) - Jimmy Buffett is parting with Cheeseburger in Paradise, a chain of theme restaurants that is named after one of his songs, for $11 million.
Luby's Inc. announced on Wednesday it was buying Paradise Restaurants Group LLC with cash and credit, acquiring its 23 Cheeseburger in Paradise locations in 14 states that in previous years had generated revenue of more than $50 million. Continue
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