L Catterton to acquire Del Frisco's for about $650 mln

L Catterton has agreed to acquire Del Frisco’s Restaurant Group for about $650 million. In conjunction with the deal, L Catterton has agreed to sell Del Frisco’s Double Eagle Steakhouse and Del Frisco’s Grille assets to Landry’s Inc for an undisclosed sum. On the closing of the deal, Del Frisco's stock will stop trading on the NASDAQ.

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