Private Equity Firm Agrees to Buy Majority Stake in Eataly
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Eataly's owners are bidding arrivederci to their majority stake in the chain of Italian-themed shopping malls/food courts/date night destinations of last resort.
On Wednesday, European private equity firm Investindustrial announced it had agreed to acquire a 52% stake in the company, an investment with valued the eatery at roughly $400 million. That's a whole lotta ziti.
Source Fool.com