Deal for fine dining concept expected to close by the end of January.
Chanticleer Holdings has reached an agreement to acquire Spoon Bar & Kitchen by purchasing the outstanding shares of the concept's owners Dallas Spoon, LLC and Dallas Spoon Beverage. When the deal is complete, Spoon Bar & Kitchen will become a Chanticleer subsidiary.
Spoon Bar & Kitchen is a fine dining seafood restaurant by Chef John Tesar, who is expected to remain with the concept.
The deal is expected to close by Jan. 31, 2014.