New buy today- BLMN- BLOOMIN BRANDS- It's been awhile since I've been in the restaurant space. I can't help, but think of post acquisition minded Tilman Fertitta, when I think of this company. I remember his chain of acquisitions over the years. Maybe he's ready to buy again? A good chance to turn around this under- performer? IMO a good way for him to get into new regional markets converting his signature brands from Bloomin's under-preforming restaurants. Another plus, taking out some competition to increase margins. A light dividend for holding if nothing acquisitive develops, but also a chance for operational improvement if nothing happens.

Some BLMN restaurants- possible synergies- steak & seafood- medium to upscale markets
Outback Steakhouse, a casual steakhouse restaurant; Carrabba's Italian Grill, a casual Italian restaurant; Bonefish Grill, an upscale casual seafood restaurant; and Fleming's Prime Steakhouse & Wine Bar, a contemporary steakhouse.

Against
Morton’s The Steakhouse, Rainforest Cafe, Bubba Gump Shrimp Co., McCormick & Schmick’s Seafood & Steaks, Saltgrass Steak House, Claim Jumper, Chart House, The Oceanaire, Mastro’s Restaurants, Vic & Anthony’s Steakhouse

P.S.
To be truthful. I used to like Outback, but currently I prefer Darden's Longhorn Steakhouse over Outback. Many of my friends say Carrabb's is very good. However they only seem to be open for dinner when I drive by. Olive Garden is open for Lunch.