Outback to sell stores in Asia

01/20/2010 | St. Petersburg Times (Fla.)

Outback Steakhouse's parent company is seeking buyers for its locations in South Korea, Japan and Hong Kong, as it works to pay down debt and revitalize its U.S. business. Tampa, Fla.-based OSI Restaurant Partners Inc. reported this week that its Asian locations booked $240 million in sales last year.

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St. Petersburg Times (Fla.)

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