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

Jun 11, 2003

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

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

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