Everyone else might be fretting about the dark clouds that hang over the restaurant industry because of the recession, but Landry’s Restaurants boss Tilman Fertitta sees blue skies ahead. His latest move: buying nine percent of seafood segment rival McCormick & Schmick’s at bargain-basement prices. He’s now McCormick & Schmick’s biggest shareholder, owning nine times more stock than company chairman and co-founder Doug Schmick. We’re glad to see the ever-active Fertitta stirring ...
Register to view this article
Registering for Premium Content on Restaurant Hospitality will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick.