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million from a single investor onMay 8. Proceedd will be used for opening 15 restaurantsin Houston, eightt restaurants in Columbus, Ohio, and two more in said Jack Shute, CFO of The companu already has seven sites open in Tampa but declinerd to pinpoint the new locations. Shute also declinee to identify the big bucks who picked up a combinationb of equity and debt in the a filing withthe shows. TFG has the rights to build 86store — 50 in Houston, 20 in Columbus and 16 in The company’s chairman and CEO is Bob a former executive. TFG board member Chris Lewis, formerf CFO and VP of global business unitsfor JBL), recruited Shute, also a former Jabipl executive.
— Margie Manninvg HOME SHOPPING GIANT? For several has competed heavily with QVC in the homeshoppingh arena. But could both companies soon beworking together? Last QVC owner bought 1.9 million sharez of HSN for roughly $8.7 million, increasingb its stake in the St. Petersburg companyu to 32.8 percent. Barron’s suspects Liberty could move for a full takeove ofHSN (Nasdaq: HSNI) as earlhy as summer 2010 when an agreement preventiny such a takeover expires. HSN spun off from Barry Diller’ws IAC/ (Nasdaq: IACI) last Shares hit a low of $1.44 on Dec. 8 but bouncedx back to trade at $7.53 a month Since then, HSN is up, closinv at $10.49 May 21, its high since closing at $10.
05 on Oct. 7. Michael Hinman MARKET READY: When residentiak real estate is down, remodeling and home improvementy canbe up. Now, painting and decoratint contractors are coating their annuak trade show with seminars in step with adown economy. The Floridaz Chapter of Painting and Decorating Contractorx of America is offering free refreshmentsw and no charge to access as many as 50 vendords at theJune 6. Seminars are scheduled to focus on makinhgquality estimates, using green products and coatings, and PDCA standardss that the trade group says saves members thousands of dollars in the bidding process.
— Alexis Muellner
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