Republic of Texas Brands Incorporated Announces Plan To Purchase Large Texas-Based Barbecue Restaurant Chain Republic of Texas Brands, Inc. is pleased to announce it has signed a Letter of Intent to purchase a successful Texas-based barbecue restaurant chain, which consists of multiple profitable restaurants in exchange for approximately $20 million.
RTXB announces letter of committment for funding. hief Executive Officer and Chairman of the Board of Republic of Texas Brands Incorporated ( PINKSHEETS : RTXB ), announced today that RTXB has signed a commitment letter with LIG ASSETS, INC. to fund the purchase of a minimum of four barbecue restaurants in the DFW Metroplex.
REPUBLIC OF TEXAS BRANDS INCORPORATED ANNOUNCES SALE OF FIRST LICENSE AGREEMENT Jerry Grisaffi, Chief Executive Officer and Chairman of the Board of Republic of Texas Brands Incorporated (PINKSHEETS: RTXB), announced today that RTXB has entered into a 15 year license agreement with Vince Ngwenya for an “1824 Texas Best Barbecue” Restaurant in Pecos, Texas and an additional restaurant in Dallas, Texas, to be opened after the Pecos location. ... Mr. Ngwenya indicated that the Pecos location should open around the first of 2013, followed by a Dallas location during the second quarter of 2013.