Jillian's Selling Hanover Site

Summary


Jillian's Holdings Inc. announced Monday it is selling off a majority of its mall-based Jillian's restaurant and entertainment complexes, including the one in Arundel Mills mall.

Dave & Busters, a leading restaurant and entertainment company and one of Jillian's primary competitors, has inked a tentative deal to buy nine Jillian's restaurant and entertainment centers - including the Hanover site - for $27 million as part of a bankruptcy sale, said Gregory Stevens, chief financial officer for Jillian's Holdings Inc.

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Jillian's Selling Hanover Site

"We are very pleased, as we were looking for potential buyers, that Dave & Busters looked on us favorably enough to want to bu...

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