Building "Bridges" Across the Bayou City!
The buyer will acquire the Luby’s Cafeteria brand and the businesses of 32 restaurants, all in Texas. Luby’s anticipates that almost all of the more than 1,000 employees at the 32 locations will be offered positions under the new ownership.
Read MoreIn November, shareholders approved the previously announced plan to liquidate and dissolve Luby’s Inc. Now, the company has reached a deal to sell a major portion of its business.
Read MoreThe company is seeking new agreements with landlords and movie studios.
Read MoreHouston Diamond Buyer Providing Quick Cash to Bridge Financial Gap
Read MoreStar Cinema Grill’s owner is taking the company that planned to buy the dine-in movie chain to court.
On March 16, CMX Cinemas, a subsidiary of Mexico-based Cinemex, announced it would acquire the Houston-based chain for an undisclosed amount. The loc…
Read MoreOil price have plunged downward since the original agreement.
Read More