How many osi restaurants are there

To learn more or opt-out, read our Cookie Policy. The deal was approved by Tampa-based OSI's board of directors based on the unanimous recommendation of a special committee of independent directors. OSI shares soared The committee of indepen- dent directors will be conducting a market test for the next 50 days by soliciting proposals from other parties.

Shareholders would then have an opportunity to approve or reject the deal. Bill Allen, chief executive officer of OSI Restaurant Partners, said the company had been considering options to boost value for shareholders, including a stock repurchase plan or spinning off some of its brands, before it received the offer.

Allen said no jobs would be cut and OSI would continue to look for growth opportunities in the face of some "troubled times" in the casual dining sector. Andrew Balson, a managing director at Bain Capital Markets, said the investment firm had experience with the restaurant and retail sectors, including its investments in chains such as Burger King and Dunkin' Donuts. Catterton has led investments in companies such as P.

Start your day with the top stories you missed while you were sleeping. Cookie banner We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from. A franchise offering can be made by us only in a state if we are first registered, excluded, exempted or otherwise qualified to offer franchises in that state, and only if we provide you with an appropriate franchise disclosure document.

Franchise Update Media has its finger on the pulse of franchising with unrivalled audience intelligence and market driven data. No media company understands the franchise landscape deeper than Franchise Update Media.

About Advertise Contact. The franchise opportunities listed above are not related to or endorsed by Franchising. We are not engaged in, supporting, or endorsing any specific franchise, business opportunity, company or individual. No statement in this site is to be construed as a recommendation. We encourage prospective franchise buyers to perform extensive due diligence when considering a franchise opportunity.

All Rights Reserved. Legal Notices Privacy Policy. Key Developments. Key Metrics. All Listings. Bloomin' Brands, Inc. The Company owns and operates casual, upscale casual and fine dining restaurants.

The Company operates through two segments: U. The U. The International segment includes brands operating outside the United States. The Company owns and operates 1, restaurants and franchised restaurants across 47 states, Guam and 20 countries.

Its Outback Steakhouse is a casual steakhouse restaurant concept focused on steaks, bold flavors and Australian decor. Contact Info. United States. Executive Leadership. James R. Independent Non-Executive Chairman of the Board.