Buyout firm puts Sizzler up for sale
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From Times Wire Services
Sizzler, the steak restaurant chain mainly located in the western U.S., was put up for sale by the Australian buyout firm that purchased it in 2005.
Pacific Equity Partners, a Sydney-based private equity firm, hired investment bank Houlihan Lokey Howard & Zukin to find a buyer, Sizzler said. Pacific Equity Partners acquired Worldwide Restaurant Concepts Inc., Sizzler’s owner, for $208 million.
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