Red Robin Acquires 13 Franchised Restaurants in Texas

March 22, 2016

Greenwood Village, CO  (RestaurantNews.com)  Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB), a casual dining restaurant chain focused on serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, today announced it has completed the acquisition of 13 Red Robin® franchised restaurants in Texas, from Cowboy Red, L.C., Cowgirl Red, LLC, and Texas Red Real Estate, Ltd. and its affiliates, and Robert Y Reynolds and Carolyn Frost Keenan. The 13 Texas restaurants are located in the trade areas of Houston (7), Dallas (2), Lubbock (1), Austin (1), Abilene (1) and Amarillo (1).

“This acquisition supports our strategy to expand…