If You Can't Beat 'Em - Fertitta buys 1.3MM shares of McCormick & Schmick's

March 14, 2009

Tilman Fertitta, the majority shareholder of Houston-based Landry's Restaurants, has announced that he has acquired a 9 percent stake in seafood restaurant chain McCormick & Schmick's. The 1,326,033 shares have a market value of approximately $3.5 million. The purchase makes Fertitta the largest shareholder in the company.

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