Landrys Restaurants News

Houston - Rainforest Cafe announces the grand opening of its first Egypt location with partner Wataniya Restaurants.

Fertitta Holdings Inc. has entered into a definitive agreement to acquire all outstanding common stock of Landry's Restaurants Inc.

Houston Business Journal - by Allison Wollam Houston Business Journal Two local restaurant groups have added new concepts to attract diners to their growing roster of eateries. via Bizjournals

Cheniere Energy Inc. posted a net loss of $49.9 million, or $1.06 per share, on revenue of $1.5 million, for the first quarter of 2008. via Houston Business Journal

“Our interest is in the health of downtown”

Amway co-founder Rich DeVos locked up another major piece of the downtown riverfront, buying the property housing Charley's Crab restaurant. via MLive.com

Landry's Restaurants Inc.'s board has hired Cowen and Co. to act as financial adviser in connection with its potential sale to Chief Executive Officer Tilman Fertitta. via Bizjournals

Landry's Restaurants Inc. , the owner of the Chart House and Rainforest Cafe chains, said Chief Executive Officer Tilman J. Fertitta reduced his bid to buy out other investors for $21 a share. via Bloomberg

Do you ever get the feeling that you're going in circles? That's how I've felt since I decided nearly three months ago to share my battle to rise up through the ranks on Motley Fool CAPS . via Motley Fool

F.V. 'Pappy' and Billie Muriel Landry recently celebrated their 60th wedding anniversary. via The Daily Advertiser

Landry's Restaurants Inc. said Tuesday its fourth-quarter loss narrowed as a revenue increase helped offset high borrowing costs and after-tax expenses. via Canadian Business Magazine

“There hasn't been anything built in the Galleria for over 25 years. Our feeling is that the first new building will do very, very well.”

Dallas-based The Novati Group is planning a 20-story office tower on the 3.5 acres it is purchasing out of a parcel owned by Landry's Restaurants Inc. via Commercial Real Estate

“This party is about decorum and elegance, yet at the end, it is a celebration and fun”

That enormous tent you may have noticed going up on the great lawn at the Kimbell Art Museum houses 40,000 square feet of opulence, including massive chandeliers, plush carpeting and glass windows. via Fort Worth Star-Telegram

“Offices to oust food and film”

The West Loop tract now occupied by Post Oak Motor Cars and the corporate headquarters of Landry’s Restaurants Inc. via Houston Business Journal

It's certainly not a lot of money in the greater scheme of things, but it's the principle behind a new credit-card tip policy that has employees like James Andrews upset. via Kalamazoo Gazette

“Getting cash to fund this buyout is going to depend on his banking connections and their perception of the ability of his firm to service debt or to sell some pieces of the business that would allow him proceeds from sales to retire what they borrow.”

Tilman Fertitta picked a strange time to launch a $1 billion effort to take Landry's Restaurants Inc. via The Galveston County Daily News

“We believe that the banking industry is taking advantage of the situation, and I don't feel that I should punish my waiters with another fee, even if the banks charge us.”

Should the restaurant wait staff have to pay a share of the processing fee when the tip is put on a credit card bill? Some restaurants for years have been reducing tips by assessing the fee, but the practice is ... via St. Louis Post-Dispatch

The West Loop tract now occupied by Post Oak Motor Cars and the corporate headquarters of Landry’s Restaurants Inc. via Houston Business Journal

“It is our responsibility to adjust to this environment and take appropriate action to protect the business”

Should the restaurant wait staff have to pay its share of the processing fee when the tip is put on a credit card bill? Some restaurants have been reducing tips by assessing the fee for years, but the practice ... via Lubbock Avalanche-Journal

“It's not a consistent practice. And it's not relegated to fine dining or casual dining.”

Should the restaurant wait staff have to pay its share of the processing fee when the tip is put on a credit card bill? Some restaurants have been reducing tips by assessing the fee for years, but the practice ... via Lexington Herald-Leader

Houston Business Journal - by Greg Barr Houston Business Journal Tilman Fertitta knows a bargain when he sees one. via Houston Business Journal