calonego Posted October 30, 2009 Share Posted October 30, 2009 May be of interest, M&E was public before, got mildly LBO'd by the same firm that owns Damon's. Both are now in Ch11 - http://columbus.bizjournals.com/columbus/stories/2009/10/26/daily26.html This may be of interest as Damon's has some overlap (53 stores) with SNS in the tertiary northern markets. They are a higher ticket concept, but the locations are usually nearby and the box is somewhat similar. M&E is more of an Applebee's concept, still some overlap with SnS though. As marginal players fall, one would suspect SnS has a greater propensity to attain the alienated business. Provided better players don't come in and take over those locations. JC Link to comment Share on other sites More sharing options...
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