Fidelity to buy J Alexander’s for about $72M

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JACKSONVILLE, Fla. (AP) — Fidelity National Financial Inc., which already has an interest in the Bakers Square and O’Charley’s, is buying the restaurant chain J. Alexander’s Corp. for about $72 million.

Once the deal closes, Nashville, Tenn.-based J. Alexander’s will be combined with the restaurant operations of American Blue Ribbon Holdings Inc., a Fidelity subsidiary with annual revenue totaling about $1.3 million.

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