$3.2 Billion Steak Dinner

Bain Capital Partners and Catterton Partners have agreed to acquire OSI Restaurant Partners Inc. (NYSE: OSI), a restaurant operator whose brands include Outback Steakhouse, Cheeseburger in < ?xml:namespace prefix = st1 />Paradise, Roy’s and Carrabba’s Italian Grill. The deal is for $40 per share, or approximately $3.2 billion (including assumed debt). It is expected to close by next April, with OSI founders Chris Sullivan, Robert Basham and J. Timothy Gannon also participating. Wachovia Securities served as financial advisor to OSI.