INSIDER
Tilman Fertitta acquires The Palm steakhouse chain for $45M
Read full article: Tilman Fertitta acquires The Palm steakhouse chain for $45MHOUSTON – Houston restaurateur and owner of the Rockets Tilman Fertitta is adding another restaurant to the Landry’s Inc. empire. Late on Wednesday Fertitta announced his company, Landry’s Inc., completed the acquisition for the Palm steakhouse chain from Just One More Restaurant Corp., which filed for bankruptcy protection in 2019. The chain of fine-dining restaurants was purchased for $45 million, according to the Houston Business Journal. The Palm in Houston is located across the street from The Galleria at 6100 Westheimer Road. Fertitta’s acquisition now makes him the owner of the 21 Palm restaurants located in the U.S.