Star Buffet, Inc. Acquires Restaurant

SCOTTSDALE, Ariz., March 23, 2017 (GLOBE NEWSWIRE) -- Star Buffet, Inc. (STRZ.PK), a multi-concept restaurant operator, announced today the acquisition of The Rancher’s Grill steakhouse in Deming, New Mexico. The restaurant will be integrated into the Company’s StarTexas Restaurants, Inc. subsidiary.

Commenting on the announcement, Robert E. Wheaton, Star Buffet’s President stated, “This transaction is consistent with the Company’s strategy of growing our business through the acquisition of well-managed, regionally-based restaurant operators. We are pleased to have the opportunity to become part of the historic Deming, New Mexico community.”

About Star Buffet

Star Buffet is a multi-concept restaurant operator. As of March 23, 2017 Star Buffet, through its subsidiaries, operates nine 4B’s restaurants, six JB’s restaurants, three BuddyFreddys restaurants, two Pecos Diamond Steakhouse restaurants, one Finnegan’s restaurant, one Four Aces restaurant, one Barnhill’s Buffet restaurant, one Bar-H Steakhouse restaurant and one Casa Bonita Mexican theme restaurant.

Contact: Robert E. Wheaton President, CEO Star Buffet, Inc. (480) 425-0454

Source:Star Buffet, Inc.