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Planet Hollywood Buys Buca di Beppo

Reeling from a tough economy and financial mismanagement by former executives, Minneapolis restaurant chain Buca Inc. is being acquired by Planet Hollywood in a deal valued at $28.5 million, including debt.

The acquisition comes a month after the firm's Buca di Beppo chain of Italian restaurants celebrated 15 years in business. It went public in 1999.

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