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STRZ Star Buffet Inc (CE)

0.0001
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Star Buffet Inc (CE) USOTC:STRZ OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0001 0.00 01:00:00

Star Buffet, Inc. Acquires Restaurant

23/03/2017 8:30pm

GlobeNewswire Inc.


Star Buffet (CE) (USOTC:STRZ)
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Star Buffet, Inc. (STRZ.PK), a multi-concept restaurant operator, announced today the acquisition of The Rancher’s Grill steakhouse in Deming, New Mexico.  The restaurant will be integrated into the Company’s StarTexas Restaurants, Inc. subsidiary. 

Commenting on the announcement, Robert E. Wheaton, Star Buffet’s President stated, “This transaction is consistent with the Company’s strategy of growing our business through the acquisition of well-managed, regionally-based restaurant operators.  We are pleased to have the opportunity to become part of the historic Deming, New Mexico community.” 

About Star Buffet

Star Buffet is a multi-concept restaurant operator.  As of March 23, 2017 Star Buffet, through its subsidiaries, operates nine 4B’s restaurants, six JB’s restaurants, three BuddyFreddys restaurants, two Pecos Diamond Steakhouse restaurants, one Finnegan’s restaurant, one Four Aces restaurant, one Barnhill’s Buffet restaurant, one Bar-H Steakhouse restaurant and one Casa Bonita Mexican theme restaurant. 

Contact:
Robert E. Wheaton					
President, CEO					
Star Buffet, Inc.
(480) 425-0454

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