Struggling Bravo Brio Restaurant Group gets bailout

Columbus-based chain Bravo Brio Restaurant Group, containing Bon Vie Bistro, BRAVO! Cucina Italiana, and BRIO Tuscan Grille, has been struggling for the last few years but they’ve been bailed out by an investment group.

Swiss investment company GP acquired the 110-restaurant chain for $100 million and under the terms of the agreement, Bravo Brio shareholders will receive $4.05 per share.

The stock closed at $3.50 on Wednesday, reports The Dispatch.

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