Printer Friendly

MAIN ST. & MAIN INC. ANNOUNCES COMPLETION OF ACQUISITION OF FOUR T.G.I. FRIDAY'S RESTAURANTS

 SCOTTSDALE, Ariz., June 29 /PRNewswire/ -- Main St. & Main Inc. (NASDAQ: MAIN) today announced that it has completed the acquisition of four operating T.G.I. Friday's restaurants located in Denver, Kansas City, Mo., Overland Park, Kan., and Omaha, Neb.
 The company also purchased exclusive development rights for T.G.I. Friday's restaurants for substantially all of Colorado and Kansas and for greater metropolitan Omaha and Kansas City.
 Steven Sherman, chairman and chief executive officer, stated: "The additional restaurants and territory makes Main St. the largest T.G.I. Friday's franchisee in terms of number of operating units. We are now operating 12 profitable T.G.I. Friday's restaurants with five more openings scheduled by year-end. This acquisition is aligned with our strategic business plan to continue to develop T.G.I. Friday's restaurants throughout existing and additional franchised territories."
 The company owns and operates seven T.G.I. Friday's restaurants, produces and distributes dairy products through Carnation Dairy of Arizona and distributes brand name ice cream and frozen novelty and entree products through its Dairy Maid Foods operations.
 -0- 6/29/93
 /CONTACT: Robert McGeorge of Main St. & Main, 602-951-3200/
 (MAIN)


CO: Main St. & Main Inc.; T.G.I. Friday's ST: Arizona IN: LEI SU: TNM

LS-MF -- SD001 -- 6573 06/29/93 09:05 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jun 29, 1993
Words:215
Previous Article:CAMPBELL REORGANIZES SOUP ADVERTISING ASSIGNMENTS
Next Article:CHRISTOPHER K. MIRABELLI DEPARTS ISIS PHARMACEUTICALS TO HEAD BIOTECHNOLOGY START-UP
Topics:


Related Articles
MAIN ST. & MAIN INC. ANNOUNCES NEGOTIATIONS TO ACQUIRE CARNATION DAIRIES PHOENIX
MAIN ST. & MAIN INC. ANNOUNCES COMPLETION OF ACQUISITION OF CARNATION DAIRIES PHOENIX
MAIN ST. & MAIN INC. ANNOUNCES THIRD QUARTER RESULTS
MAIN ST. & MAIN INC. ANNOUNCES PURCHASE AGREEMENT OF FOUR T.G.I. FRIDAY'S RESTAURANTS
MAIN ST. & MAIN INC. ANNOUNCES SECOND QUARTER RESULTS
MAIN ST. & MAIN INC. ANNOUNCES NEGOTIATIONS TO ACQUIRE 20 T.G.I. FRIDAY'S RESTAURANTS IN CALIFORNIA
MAIN STREET AND MAIN TO INCREASE STAKE IN T.G.I. FRIDAY'S RESTAURANTS
MAIN STREET AND MAIN INC. ANNOUNCES RECEIPT OF COMMITMENT FOR FINANCING
MAIN STREET AND MAIN INCORPORATED Announces Positive Second Quarter Operating Results, Completion of the Bamboo Club Acquisition And Continued Growth...
Jackmont Hospitality acquires four T.G.I. Friday's restaurants.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters