The Houston Business Journal is reporting that the Board of Directors of Landry's Restaurants, Inc. has once again approved an offer from CEO and President Tilman Fertitta to buy the 44.9 percent of Landry's shares that he does not currently own at $14.75 per share in a deal said to be worth $1.2 billion. Fertitta has been attemping to go private with the company since January 2008. The original offer was derailed by investors not wanting to disclose certain aspects of the deal to U.S. Securities and Exchange Commission officials, and the current deal must be approved by a majority on non-Fertitta stockholders and if approved would not be finalized until early 2010.
news/restaurants-bars
flipping out
Austin burger favorite will finally open first inside the loop location
Nov 6, 2025 | 3:30 pm
P. Terry's Burger Stand/Facebook
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Inner loopers with a taste for P. Terry’s Burger Stand will eventually be able to satisfy their cravings without leaving their geographic safe space. The Austin-based fast food restaurant announced it will open a location near the Heights in 2027.
Located at 4815 Katy Fwy., the restaurant will feature a double-drive-thru lane and the brand’s signature retro design. It will be the fifth P. Terry’s to open in the Houston area.
Founded in 2005, P. Terry’s has built a devoted following for its burgers, chicken sandwiches, fries, and milkshakes. The restaurant is known for its high quality ingredients such as hormone-free Black Angus beef, Idaho potatoes, and cage-free eggs. Prices are affordable, with a single-patty cheeseburger starting at $3.65.
P. Terry’s opened its first Houston-area location last year in Richmond. Before it opens the Durham location, the restaurant will debut in the Village Green at Bridgeland Central development in Cypress.
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