Outback parent outlines plans to go public

04/8/2012 | Wall Street Journal, The

Outback Steakhouse parent Bloomin' Brands has filed plans to raise up to $300 million in an initial public offering, at a time when casual-dining chains are struggling to boost traffic. Bloomin' operates about 1,200 restaurants under several brands including Outback, Carrabba's Italian Grill and Bonefish Grill.

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