12.09.2011 - Rush to restaurant real estate brings 53pct increase in valuation: Real M&A

The cheapest restaurants in America are luring activist investors who are betting companies from Ruby Tuesday Inc. (RT) to Cracker Barrel Old Country Store Inc. (CBRL) can make more money selling real estate than food. The 10 biggest U.S. restaurants that sell for less than the value of their property, plants and equipment trade at 70 cents on the dollar, according to data compiled by Bloomberg..............................................Full Article: Source

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