The Obama administration is expected soon to decide whether to increase the number of salaried workers eligible for overtime pay. The move could mean more money in workers’ pockets. But some policy experts say the change will have negative effects on businesses.
Max & Erma’s Becomes Second Columbus-Based Restaurant Chain to be Sold in a Week
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Max & Erma’s stock closed up nearly 30 percent Monday on word the Columbus-based restaurant chain is being purchased by a G & R Acquisition Inc of Pittsburgh.
Restaurant spokesman Robin Yocum says G & R is owned by Pittsburgh entrepreneur Gary Reinhardt Senior, a fan of the restaurant, and the headquarters will remain in Columbus
Yocum says the well-known sundae bar, cookies and garbage burger will remain part of the restaurants. The chain has 79 corporate-owned locations and 27 franchise locations.
Last week, Wendy’s restaurants, a Columbus-based operation for 39 years, was sold to the owner of Arby’s.