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Tony Roma's Has New Owner

Romacorp Inc, the owner of 50-year-old casual-dining rib chain Tony Roma's, was bought by Equity Investors of New England Inc. for an undisclosed sum. "With the deal, the company is planning to grow," per Nation's Restaurant News. A press release says Equity is “committed to making Tony Roma’s the number one American rib concept brand around the world.”

Read the whole story at Nation's Restaurant News »

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