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Cheesecake Factory to pay $353M for Fox Restaurant Concepts

The Cheesecake Factory will acquire Phoenix-based Fox Restaurant Concepts in a deal valued at $353 million. The deal includes the 20-unit North Italia chain, which Cheesecake Factory has been investing in since 2016; a catering business and nine other concepts, including Culinary Dropout and The Henry. Read the Restaurant Business online story here

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