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Landry's Restaurants

Tilman Fertitta, founder and CEO of Landry’s Restaurants, has arranged financing to take the Houston-based restaurant, hospitality and casino operator private. Jefferies & Co. and Wells Fargo Foothill are backing his .3 billion offer, which includes assuming debt of 5 million. It amounts to for each of Landry’s shares, 39 percent of which Fertitta owns. A “go-shop” clause in the financing agreement allows Landry’s to seek other acquisition offers for 45 days.