6/21/2010

Landry's Restaurants CEO and majority shareholder Tilman Fertitta won a victory over the weekend in his long-running fight to buy the balance of the company and take it private. Shareholder Pershing Square Capital Management, which owns almost 25% of the company's stock, is expected to support the deal now that Fertitta has increased his offer, The Wall Street Journal reports.

Related Summaries