P.F. Chang’s is officially on the move again. The Chinese chain entered into an agreement to be sold to TriArtisan Capital Partners LLC and Paulson & Co. Inc, according to a private notice sent to investors and reported on by Bloomberg News. Bloomberg revealed Monday that the company was near a sale for about $700 million from its current owner, Centerbridge Partners LP.
Per the notice, the deal is expected to close in the first quarter of 2019.. . . more