Morton’s Restaurant Group Will Soon Have New Owner

steak 150x150 Mortons Restaurant Group Will Soon Have New OwnerMorton’s Restaurant Group is being sold for $116.6 million to Fertitta Morton’s Restaurants Inc., an affiliate of Landry’s Inc.

Feritta will pickup the outstanding shares of Morton’s for $6.90 per share in cash, according to the Washington Business Journal.

The Chicago-based high-end steak restaurant chain operates 77 steakhouses in 26 states.

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