Fertitta fires McCormick execs, closes restaurants

Houston-based Landry’s Inc. moved quickly to trim McCormick & Schmick's Seafood Restaurants Inc.   

Landry’s closed a $131 million deal to acquire the Portland restaurant chain Tuesday and quickly moved to terminate executives including CEO Bill Freeman, co-founder William McCormick and others.

It also closed at least nine restaurants, according to a source familiar with the situation.

Landry’s retained employees in the human resources and accounting departments at McCormick & Schmick’s corporate headquarters in the Pearl District.

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