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MARRIOTT COMPLETES FAMILY RESTAURANT SALE TO RESTAURANT ENTERPRISES GROUP

 MARRIOTT COMPLETES FAMILY RESTAURANT SALE
 TO RESTAURANT ENTERPRISES GROUP
 WASHINGTON, Feb. 7 /PRNewswire/ -- Marriott Corporation (NYSE: MHS) said today that it had completed the previously announced sale of 107 family restaurants in California to The Restaurant Enterprises Group, Inc. (REG), for approximately $66 million. Terms were not disclosed.
 The sale, which is in keeping with Marriott's strategy to exit the family restaurant business, included both Bob's Big Boy and Allie's units.
 REG, headquartered in Irvine, Calif., plans to convert the restaurants to its Carrows and Coco's concepts.
 Marriott Corporation is a diversified hospitality company involved in lodging and contract services.
 -0- 2/7/92
 /CONTACT: Robert (Terry) Souers of the Marriott Corporation, 301-380-1339/
 (MHS) CO: Marriott Corporation; The Restaurant Enterprises Group, Inc. ST: District of Columbia IN: LEI SU:


DC -- DC015 -- 7875 02/07/92 15:23 EST
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Publication:PR Newswire
Date:Feb 7, 1992
Words:138
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