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Romacorp Agrees to Sell 11 Restaurants to New Tony Roma's Franchisee

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Dallas--Romacorp Inc. announced it has entered into an agreement to sell 11 company-owned Tony Roma's restaurants in Texas and Oklahoma to Romadal LTD I, a new franchisee for the concept. Terms of the agreement include the future development of three new restaurants in the development territory. The transaction is expected to close this month. -Primezone