Grubhub LevelsUp, The ‘Ernesto’ and Imperfect Produce

MRM's News Bites has news from Four Corners Property Trust, Technomic and GroundTruth, General Mills Foodservice, Grubhub and LevelUp, Seasoned, Bridg, Wayback Burgers, Gather, Princess Cruises, B.GOOD, DoorDash, Tunity, Como, Baldor Specialty Foods and Les Dames d'Escoffier International.

Send news items to Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com.

FCPT To Acquire 48 Chili's Four Corners Property Trust (FCPT) signed a definitive agreement to acquire up to 48 corporate-operated Chili’s restaurants through a sale-leaseback transaction with certain subsidiaries of Brinker International, Inc. (NYSE: EAT) for a purchase price of up to $155.7 million on initial annual cash rent of up to approximately $9.9 million. As of the end of Brinker’s third fiscal quarter on March 28, 2018, Brinker owned, operated or franchised 1,686 restaurants under the names Chili’s® Grill & Bar (1,634 restaurants) and Maggiano’s Little Italy® (52 restaurants).

The transaction…