SAN DIEGO, California, May 8, 2012 /PRNewswire/ --
The "P.F. Chang's Acquired by Centerbridge Partners" article written by Sasha Orman of Food & Drink Digital receives brag-worthy public approval, as it reaches almost 9,000 views.
As P.F. Chang's left the market to become a private entity, Food & Drink Digital editor Sasha Orman provided readers with an exclusive look into the merge. The well-received article featuring the restaurant industry and the investment world boasts over 8,800 page views, marking two 'Best Ever' Benchmarks in her magazine's 5 year history.
"We are excited about this transaction with Centerbridge, as it recognizes the value of P.F. Chang's highly respected brands and talented employees, while providing our stockholders with an immediate and substantial cash premium for their investment," said Federico in the press release. "We look forward to working with Centerbridge to further strengthen the Company and our growing P.F. Chang's, Pei Wei, True Food Kitchen and Global Brands businesses."
Featuring speculations from the Washington Post and P.F. Chang's CEO and Chairman, Rick Rederico, Orman's article provided dual-sided analysis on P.F. Chang's transition from public to private. According to the article, despite the 41 percent income decline P.F. Chang's experienced earlier this year, the company leaders remain optimistic about the merge.
To read the full article and get details about the P.F. Chang's merge with Centerbridge Partners, visit here: http://www.foodanddrinkdigital.com/hotels_restaurants/pf-changs-acquired-by-centerbridge-partners
About Food & Drink Digital
Food and drink: those are two things everyone can appreciate. But it takes a lot of work, moving parts, and people to get those things from their original states to your plate. As a leading online source for production, franchising, retail, and restaurant news, Food and Drink Digital is with them every step of the way.
About WDM Group
WDM Group retains a diverse portfolio of nineteen industry and territory specific brands - thirteen digital magazines, nineteen websites and a weekly e-newsletter for each brand. These unique products keep high-level professionals informed on the latest news from within their competitive business markets. As it stands today, WDM Group currently oversees the production of twenty three brands, including social media websites, a full-service digital marketing package and more. Contact us today to learn more about what WDM Group can do for your business.
Public Relations Coordinator
SOURCE WDM Group
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