Restaurant firm looks at 'strategic alternatives'

Citing 'valuation disconnect,' Tampa-based Bloomin' Brands says it will consider a sale.

  • By Business Observer Staff
  • | 6:00 a.m. November 15, 2019
  • | 0 Free Articles Remaining!
Outback Steakhouse is a key part of the Bloomin' Brands portfolio. Photo courtesy of Wikimedia Commons.
Outback Steakhouse is a key part of the Bloomin' Brands portfolio. Photo courtesy of Wikimedia Commons.
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Is the bloom off the onion?

Speculation, again, surfaced recently that Bloomin’ Brands — Tampa-based parent company of Outback Steakhouse (home of the Bloomin’ Onion appetizer), Carrabba's Italian Grill, Bonefish Grill and Fleming's Prime Steakhouse and Wine Bar — could look to find a buyer. 

 

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