The new owners of Nashville-based O’Charley’s have announced plans to sink as much as a quarter million dollars into each of their 213 stores. The prototype formally opened Wednesday in Franklin.
J. Alexander’s Sale Complete
Nashville-based restaurant chain J. Alexander’s has closed its sale to Fidelity National, a title insurance company out of Florida. The merger negotiations dragged out for months as two other companies placed competing bids and J. Alexander’s stockholders filed a lawsuit against the board. In the end, everyone agreed to a price of $14.50 a share.