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Share this article Share this article HOUSTON, June 30, 2021 /PRNewswire/ Fertitta Entertainment, Inc., the parent company of Golden Nugget/Landry s ( Fertitta or the Company ), a leader in the gaming, restaurant, hospitality and entertainment industry, and FAST Acquisition Corp. (NYSE: FST) ( FAST ), a special purpose acquisition company co-headed by Doug Jacob and Sandy Beall, announced today that they have entered into an amendment to their previously announced Agreement and Plan of Merger entered into between the parties on February 1, 2021. According to the amendment, the Company has agreed to contribute certain operating businesses not originally included as part of the business combination with FAST for no additional debt. Businesses that will now be contributed to the public company include the Mastro s brand, the Aquariums, the Pleasure Pier, Vic and Anthony s, and a handful of smaller restaurant concepts, adding a total of 42 incremental, high-quali ....
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SPAC founders had been looking for quick-service, small-dining-room brands Texas billionaire Tilman Fertitta is reportedly in talks to take his restaurant giant Landry’s Inc. and his Golden Nugget casino holdings public with Fast Acquisition Corp., though the special purpose acquisition had been looking for quick-service brands. Bloomberg, in a report last week citing “people with knowledge of the matter,”said Fast Acquisition, which was created last August as a special purpose acquisition company, or SPAC, was considering raising more than $1 billion to back a possible transaction. Fertitta’s representatives said he would have no comment on the rumors. Fast Acquisition Corp. was listed on the New York Stock Exchange last August and set a target to raise $200 million. It was created by Doug Jacob, co-founder of &Pizza and co-CEO of the new blank-check SPAC, with Sandy Beall, the founder of the Ruby Tuesday brand. ....