Fitch: No Rating Implications from Brinker's Acquisition of Franchisee

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CHICAGO--(BUSINESS WIRE)--Fitch Ratings does not expect any rating implications from Brinker International, Inc.'s (Brinker; NYSE: EAT) acquisition of Chili's franchisee - Pepper Dining Holding Corp. (Pepper Dining). Brinker's long-term Issuer Default Rating (IDR) is 'BBB-'. The Rating Outlook is Stable. See the full list of ratings at the end of this press release. Prior to being acquired by Brinker, Pepper Dining was owned by Olympus Partners and operated 103 Chili's restaurants in the Northe

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