Tuesday, October 20, 2009

Liquor Group CEO sells Cadillac Margarita to Landry’s Restaurants

C. J. Eiras, CEO of Liquor Group Wholesale, Inc. (OTCBB:LIQR) completes sale of the Cadillac Margarita Trademark Alcohol Brand to Landry’s Restaurants (NYSE:LNY).

The Cadillac Margarita Trademarked brand, a popular product sold in the US and Canada, distributed through Liquor Group, was privately owned by Urban Brands & Spirits, one of Eiras’ multiple alcohol brand-holding companies. Eiras is well known in the beverage industry for creating, developing, owning and operating multiple award winning alcohol brands including: Happy Vodka & related Happy brands, Wild Orchid Wineries Worldwide, Party-A-Go-Go Pre-Mixed Martinis, Lucky Liquor Brands and Wild Horses Whisky & Bourbon.

“The negotiators on Landry’s behalf were both skillful and pleasant to work with…” said Eiras. Recently Eiras sold the Hype trademarked Energy Drink to an International conglomerate (see Hype.com), and just as the details of that transaction, the terms of sale of the Cadillac Margarita Trademarked brand are strictly confidential.

About Landry’s Restaurants, Inc.
Landry’s Restaurants, Inc. (NYSE:LNY) is a restaurant, hospitality, and entertainment company, engaged in ownership and operation of full-service casual dining restaurants and gaming facilities in the USA and Canada. The company operates restaurants under the names: Rainforest Cafe, Saltgrass Steak House, Landry’s Seafood House, The Crab House, Charley’s Crab, and The Chart House. The company owns and operates Kemah Boardwalk, in Texas and operates the Golden Nugget Hotels and Casinos in Las Vegas and Laughlin, Nevada. As of December 31, 2008, it owned and operated approximately 175 full-service and limited-service restaurants in 27 states and Canada and was founded in 1980.