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Riese Organization

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BUSINESS
September 7, 1989
Arby's Inc. has named Manhattan restaurant baron Irving Riese as its new president, succeeding Leonard H. Roberts, who was fired after criticizing the roast beef sandwich chain's principal owner, Miami financier Victor Posner. The move triggered prompt criticism from a group of franchise holders quarreling with Posner, who has rejected their $200-million buyout bid for the Atlanta-based 2,100-restaurant chain.
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BUSINESS
August 8, 1990 | From Reuters
In a victory for large franchise operations, a New York judge has ruled that franchisers can negotiate deals that vary from their offering documents. The ruling came in a lawsuit filed by Southland Corp., owner of the 7-Eleven convenience store chain, against New York Atty. Gen. Robert Abrams.
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BUSINESS
September 21, 1988 | MARY ANN GALANTE, Times Staff Writer
An Irvine-based restaurant firm has agreed to sell 107 of its 680 restaurants to the Riese Organization, a private New York-based company, for $200 million to $250 million in cash, the companies said this week. Restaurant Enterprises Group is selling several of its chains, including Houlihan's, Charley's Place, Darryl's and Bristol Bar & Grill. The sale also includes the Buena Vista Cafe in San Francisco.
BUSINESS
September 7, 1989
Arby's Inc. has named Manhattan restaurant baron Irving Riese as its new president, succeeding Leonard H. Roberts, who was fired after criticizing the roast beef sandwich chain's principal owner, Miami financier Victor Posner. The move triggered prompt criticism from a group of franchise holders quarreling with Posner, who has rejected their $200-million buyout bid for the Atlanta-based 2,100-restaurant chain.
BUSINESS
August 8, 1990 | From Reuters
In a victory for large franchise operations, a New York judge has ruled that franchisers can negotiate deals that vary from their offering documents. The ruling came in a lawsuit filed by Southland Corp., owner of the 7-Eleven convenience store chain, against New York Atty. Gen. Robert Abrams.
BUSINESS
September 21, 1988 | MARY ANN GALANTE, Times Staff Writer
An Irvine-based restaurant firm has agreed to sell 107 of its 680 restaurants to the Riese Organization, a private New York-based company, for between $200 million and $250 million in cash, the companies said this week. Restaurant Enterprises Group is selling several of its chains, including Houlihan's, Charley's Place, Darryl's and Bristol Bar & Grill. The sale also includes the Buena Vista Cafe in San Francisco.
BUSINESS
September 21, 1988 | MARY ANN GALANTE, Times Staff Writer
An Irvine-based restaurant firm has agreed to sell 107 of its 680 restaurants to the Riese Organization, a private New York-based company, for $200 million to $250 million in cash, the companies said this week. Restaurant Enterprises Group is selling several of its chains, including Houlihan's, Charley's Place, Darryl's and Bristol Bar & Grill. The sale also includes the Buena Vista Cafe in San Francisco.
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