Fertitta’s blank-check co. to acquire restaurant-ordering platform

A blank-check company created by Tilman Fertitta's Fertitta Entertainment Inc. and New York-based Leucadia National Corp. in 2016 has found a company to acquire.

Houston-based Landcadia Holdings Inc. (Nasdaq: LCA) — Fertitta's special purpose acquisition company, or SPAC — will acquire Lake Charles, Louisiana-based Waitr Inc. for $308 million.

The deal is expected to be complete later this year, according to a press release. When the deal closes, Landcadia will pay at least $50 million in…

Previous CEO of Old Chicago restaurant chain parent resigns, interim CEO named
Next Bite Squad restaurant delivery acquires local delivery company, expands to St. Augustine

No Comment

Leave a reply

Your email address will not be published. Required fields are marked *