Landry’s To Acquire Del Frisco’s Steak Brands From L Catterton Which Will Keep Two Smaller Brands

In the kind of complex deal that now seems typical in the restaurant chain landscape, private equity company L Catterton completed its previously announced acquisition of Del Frisco’s Restaurant Group for $8 a share, or about $650 million, then sold the company’s two largest brands—Del Frisco’s Double Eagle Steak House and Del Frisco’s Grille—to Landry’s…