I thought Jimmy already sold his shares of "C. I. P." restau

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msu#1
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I thought Jimmy already sold his shares of "C. I. P." restau

Post by msu#1 »

Yahoo seems to think he still owned it and just sold it for 11 million to Fuddruckers. Whats the deal???

http://news.yahoo.com/jimmy-buffett-sel ... nance.html
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Re: I thought Jimmy already sold his shares of "C . I. P" restau

Post by ragtopW »

I was thinking the same thing

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Re: I thought Jimmy already sold his shares of "C . I. P" restau

Post by ragtopW »

ragtopW wrote:I was thinking the same thing
I also did not know that Lubys owned Fuddruckers (or vise Versa)

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Re: I thought Jimmy already sold his shares of "C . I. P" restau

Post by chippewa »

msu#1 wrote:Yahoo seems to think he still owned it and just sold it for 11 million to Fuddruckers. Whats the deal???

http://news.yahoo.com/jimmy-buffett-sel ... nance.html
I thought his involvement was down to "name only" and it was being run by Outback. Leave it to Jimmy to sell something he doesn't own for $11 million. :lol:

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Re: I thought Jimmy already sold his shares of "C . I. P" restau

Post by springparrot »

chippewa wrote:
msu#1 wrote:Yahoo seems to think he still owned it and just sold it for 11 million to Fuddruckers. Whats the deal???

http://news.yahoo.com/jimmy-buffett-sel ... nance.html
I thought his involvement was down to "name only" and it was being run by Outback. Leave it to Jimmy to sell something he doesn't own for $11 million. :lol:
:lol: :lol: :lol:



I thought Outback was owner too
:-?

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Re: I thought Jimmy already sold his shares of "C . I. P" restau

Post by owbishop »

Cheeseburger in Paradise is a casual dining restaurant chain in the United States. The first restaurant opened on August 22, 2002, in Indianapolis, Indiana; as of 2010, the restaurant has 28 locations in 16 states. It is a theme restaurant named for the song "Cheeseburger in Paradise" by American pop music singer Jimmy Buffett. The chain was a partnership of Buffett's company, the Orlando, FL-based Margaritaville Holdings LLC, and OSI Restaurant Partners, with Buffett licensing the name and Outback Steakhouse operating the franchising of restaurants.

In September 2009, Cheeseburger in Paradise was sold to current owner Paradise Restaurant Group, LLC. Jimmy Buffett was only a Royalty Partner receiving 2% of profits until selling Paradise Restaurant Group the rights to the song "Cheeseburger in Paradise". Today, he receives 4% of all profits.

Stolen from Wikipedia

msu#1
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Re: I thought Jimmy already sold his shares of "C . I. P" restau

Post by msu#1 »

the comments on the article are pathetic. Lots of tea party butt hurt people saying things like "jimmy and obama just want to get out before he has to pay taxes".

the internet sometimes should be just shut off.
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Re: I thought Jimmy already sold his shares of "C . I. P" restau

Post by phjrsaunt »

granted it's just Wikipedia and I haven't had much coffee yet, but did that say that Jimmy sold Paradise Restaurant Group the rights to the song???
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Re: I thought Jimmy already sold his shares of "C . I. P" restau

Post by surfpirate »

phjrsaunt wrote:granted it's just Wikipedia and I haven't had much coffee yet, but did that say that Jimmy sold Paradise Restaurant Group the rights to the song???
I'd take this *Yahoo attempt* to cover this transaction with a grain of salt (x3).

They seemed to have done a sloppy bit of reporting and fact checking.
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Re: I thought Jimmy already sold his shares of "C . I. P" restau

Post by phjrsaunt »

surfpirate wrote:
phjrsaunt wrote:granted it's just Wikipedia and I haven't had much coffee yet, but did that say that Jimmy sold Paradise Restaurant Group the rights to the song???
I'd take this *Yahoo attempt* to cover this transaction with a grain of salt (x3).

They seemed to have done a sloppy bit of reporting and fact checking.
That's what I was thinkin' too. And we can't BOTH be wrong! [smilie=battingeyes.gif]
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Re: I thought Jimmy already sold his shares of "C . I. P" restau

Post by Saltx3 »

surfpirate wrote:
phjrsaunt wrote:granted it's just Wikipedia and I haven't had much coffee yet, but did that say that Jimmy sold Paradise Restaurant Group the rights to the song???
I'd take this *Yahoo attempt* to cover this transaction with a grain of salt (x3).

They seemed to have done a sloppy bit of reporting and fact checking.

you rang :wink:
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Re: I thought Jimmy already sold his shares of "C . I. P" restau

Post by citcat »

huh ? I, too, thought he had already sold CIP a couple of years ago. He's been selling houses and restaurants and stuff.....what's next ? :o :o :o :lol:
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Re: I thought Jimmy already sold his shares of "C. I. P." restau

Post by LiveandletLiver »

yahoo news values scoops and headlines over accuracy.

BTW if JB was selling before CG taxes go up it's actually pretty funny.

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Re: I thought Jimmy already sold his shares of "C. I. P." restau

Post by catsway »

From our conversation last night at our local CIP, management indicated that Pappas Restaurants is the new soon to be owner. But that scoop may be as accurate at Yahoo's.
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Re: I thought Jimmy already sold his shares of "C . I. P" restau

Post by ragtopW »

citcat wrote:huh ? I, too, thought he had already sold CIP a couple of years ago. He's been selling houses and restaurants and stuff.....what's next ? :o :o :o :lol:

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Re: I thought Jimmy already sold his shares of "C. I. P." restau

Post by LIPH »

There's a CIP here, at least there used to be, but I haven't been there yet. I've been to Margaritaville, the Landshark Bar & Grill, Hooters, Anthony's and Nacho Hippo.
what I really mean . . . I wish you were here

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Re: I thought Jimmy already sold his shares of "C. I. P." restau

Post by Dr.Corona »

LIPH wrote:There's a CIP here, at least there used to be, but I haven't been there yet. I've been to Margaritaville, the Landshark Bar & Grill, Hooters, Anthony's and Nacho Hippo.
Would love to franchise the "Nacho Hippo" name. Couldn't get that name out of my head after we were there last May.
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