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Red Robin investor resubmits offer to buy chain

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Vintage Capital, the owner of 12% of Red Robin Gourmet Burgers, resubmitted a bid to buy the remainder of the company.

Red Robin last month turned down a request by Vintage for a special meeting to talk about a potential acquisition.

The new bid values Red Robin at $519 million. The company has 562 corporate- and franchise-operated restaurants.

Read more from Restaurant Business.


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