Dig Baton Rouge

Waitr purchased by Texas company for $308 million

Fingers crossed the new company can achieve faster delivery…

According to Bloomberg, Texas based Landcadia Holdings is paying Waitr’s backers $50 million in cash and the rest in stock in a deal that will bring the company to the public. Landcadia Holdings is a special purpose acquisition company run by Texan Tilman Fetitta who also purchased the Houston Rockets last year for $2.2 billion. Click here to read more about Lancadia and the future of Waitr.

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