WebJun 29, 2024 · Luby’s has said it’s still evaluating how to best get a return on its remaining assets, including the real estate on which 25 of Gin’s 32 … WebJun 22, 2024 · The popular Houston-based chain of cafeterias was purchased for $28.7 million by an affiliate of Chicago businessman Calvin Gin. An announcement made …

Luby

WebJun 22, 2024 · US-based restaurant operator Luby’s has signed an agreement to divest its Cafeteria restaurant business to a newly formed affiliate of Calvin Gin, in a deal that is expected to be worth $28.7m. Under the deal, Calvin Gin affiliate will acquire 32 of the existing Luby’s restaurants located in Texas, as well as ownership of its Cafeteria brand. WebJun 21, 2024 · Gerald Bodzy, Chairman of the Board of Luby's, commented, "I could not be more pleased than to see Calvin Gin, along with many of the existing management … order of ecclesia enemies

Luby’s closes restaurant sales, strikes new deal to sell real estate

WebJun 21, 2024 · HOUSTON - Luby's Inc. announced on Monday that it has agreed to sell the Luby's Cafeteria restaurant business. The restaurants will be sold to a Calvin Gin affiliate. WebMar 24, 2024 · Chicago catering entrepreneur Calvin Gin bought the Luby's brand and 35 locations in Texas, including 16 Houston locations, for about $30 million in 2024. The sale allowed Luby's Inc. to... WebJun 21, 2024 · Luby's sells off its cafeteria restaurant business to Calvin Gin affiliate Jun. 21, 2024 10:49 AM ET Luby's, Inc. (LUB) LUB By: SA News Team 7 Comments Luby's ( LUB +2.4%) signs agreement... how to transfer photos from flickr to google