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Santa Barbara Restaurant Group Inc

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BUSINESS
November 12, 1998 | (Leslie Earnest)
Santa Barbara Restaurant Group Inc. Chairman William P. Foley II has boosted his stake in the Anaheim restaurant holding company to nearly 7%. Foley, in a Securities and Exchange Commission filing made Wednesday, said he purchased 396,128 shares of the company in September at prices ranging from $3.10 a share to $4.60 a share, increasing his holdings to 458,643 shares. Santa Barbara shares closed Wednesday at $3.31, up 6 cents, in Nasdaq trading, making Foley's stake worth more than $1.
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BUSINESS
December 15, 1998 | Leslie Earnest
The parent of the Green Burrito fast-food chain committed fraud by insisting that independent franchisees order food from approved vendors and then taking kickbacks from the suppliers, according to a lawsuit filed Monday. The lawsuit, filed in Orange County Superior Court, also alleges that the Anaheim-based Santa Barbara Restaurant Group had different requirements for Green Burritos located within Carl's Jr. restaurants than for stand-alone franchises. Santa Barbara Restaurant and Carl's Jr.
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BUSINESS
September 3, 1998 | Leslie Earnest, Leslie Earnest covers retail businesses and restaurants for The Times. She can be reached at (714) 966-7832 and at leslie.earnest@latimes.com
The stock market's slump over the last six weeks may have caused some nail biting by the folks at Santa Barbara Restaurant Group Inc., formerly known as GB Foods Corp. For a while, it looked like the company's plan to buy a Minnesota-based steakhouse chain might unravel. Shares of Santa Barbara Restaurant Group, which owns the Green Burrito Mexican food chain, were in a downward slide as the company approached a crucial vote to buy Timber Lodge Steakhouse Inc.
BUSINESS
November 12, 1998 | (Leslie Earnest)
Santa Barbara Restaurant Group Inc. Chairman William P. Foley II has boosted his stake in the Anaheim restaurant holding company to nearly 7%. Foley, in a Securities and Exchange Commission filing made Wednesday, said he purchased 396,128 shares of the company in September at prices ranging from $3.10 a share to $4.60 a share, increasing his holdings to 458,643 shares. Santa Barbara shares closed Wednesday at $3.31, up 6 cents, in Nasdaq trading, making Foley's stake worth more than $1.
BUSINESS
December 15, 1998 | Leslie Earnest
The parent of the Green Burrito fast-food chain committed fraud by insisting that independent franchisees order food from approved vendors and then taking kickbacks from the suppliers, according to a lawsuit filed Monday. The lawsuit, filed in Orange County Superior Court, also alleges that the Anaheim-based Santa Barbara Restaurant Group had different requirements for Green Burritos located within Carl's Jr. restaurants than for stand-alone franchises. Santa Barbara Restaurant and Carl's Jr.
BUSINESS
November 20, 2001 | Times Wire Services
CKE Restaurants Inc., owner of Hardee's and Carl's Jr. hamburger chains, said it agreed to acquire Santa Barbara Restaurant Group Inc., gaining direct ownership of the Green Burrito restaurant chain in a $52-million stock swap. The deal will eliminate further royalties that CKE, Green Burrito's largest franchisee, pays to Santa Barbara, while also giving CKE an opportunity to expand the La Salsa Mexican-style chain, the companies said. Restaurant and title insurance magnate William P.
BUSINESS
June 7, 2006 | From Bloomberg News
CKE Restaurants Inc. may consider selling its La Salsa Fresh Mexican Grills in the next three to five years after expanding the chain and remodeling restaurants, Chief Executive Andrew Puzder said Tuesday. The company would also consider spinning off the unit, Puzder said in an interview. He first wants to grow the Mexican food chain to a "couple hundred" La Salsa locations from the about 100 in operation. Initial public offerings of restaurants such as Chipotle Mexican Grill Inc.
BUSINESS
June 9, 1999 | GREG HERNANDEZ, TIMES STAFF WRITER
Santa Barbara Restaurant Group Inc., whose holdings include the Green Burrito Mexican fast-food chain, said late Tuesday that it has agreed to acquire the parent of the La Salsa Fresh Mexican Food restaurants. Santa Barbara will acquire La Salsa Holding Co. for an undisclosed amount of stock, said Andrew F. Puzder, Santa Barbara Restaurant's chief executive. La Salsa is a privately held company based in Santa Monica that owns 50 La Salsa eateries and has franchised 48 others.
BUSINESS
May 3, 2002 | MARC BALLON, TIMES STAFF WRITER
Consumers hungering for tasty food at a moderate price are flocking to so-called fast-casual restaurant chains, making them the fastest-growing segment of the restaurant industry. Fast-casual outlets such as Baja Fresh Mexican Grill, Panera Bread Co. and Panda Express--which combine the speed of fast food with the quality and freshness of a casual dining chain--still grab only a small share of Americans' overall dining dollar.
BUSINESS
September 3, 1998 | Leslie Earnest, Leslie Earnest covers retail businesses and restaurants for The Times. She can be reached at (714) 966-7832 and at leslie.earnest@latimes.com
The stock market's slump over the last six weeks may have caused some nail biting by the folks at Santa Barbara Restaurant Group Inc., formerly known as GB Foods Corp. For a while, it looked like the company's plan to buy a Minnesota-based steakhouse chain might unravel. Shares of Santa Barbara Restaurant Group, which owns the Green Burrito Mexican food chain, were in a downward slide as the company approached a crucial vote to buy Timber Lodge Steakhouse Inc.
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