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McCormick Deal Closes, So Do Restaurants


McCormick & Schmick's is now officially no longer a Portland-based company, and as Houston's Landry's Restaurants finalized its deal to purchase the seafood chain yesterday, CEO Tilman Fertitta wasted no time making major changes: According to the Portland Business Journal, McCormick execs Bill Freeman and William McCormick were let go, and at least nine locations (including one in Austin) were shuttered nationally. [PBJ]