What restaurateur Danny Meyer's decision to invest in Tender Greens says about the continued growth of the "fast casual" eatery.
Restaurateur Danny Meyer is doing something unusual for a fine dining restaurateur: He's investing in a chain restaurant. Union Square Hospitality, Meyer's company, is investing in a California-based chain called Tender Greens. The restaurant owner is just the latest in a series of fine-dining titans who see big money in fast food-ish chain restaurants.
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