texas roadhouse

Shares of P.F. Chang's soared nearly 30% Tuesday after the restaurant chain agreed to be acquired by private equity firm Centerbridge Partners in a $1.1 billion deal. Here's what it all means for the rest of the dynamic casual dining industry.

When it comes to restaurants, all they want is your money...and your email address. Once they have this bit of information, they can shoot you an email with a come-hither picture of their newest burger at 11 a.m. on Tuesday morning. You know, right about the time that you can barely stop yourself...

When I was growing up my parents could remember what kids meal specials were valid on any given day at local restaurants, which was no simple task given the varying age restrictions placed on these deals. Nowadays parents don't have to keep a Rolodex of specials in their heads thanks to the meal...