New ownership in New Orleans

NEW ORLEANS (AP) - New Orleans landmark Galatoire's Restaurant
is no longer solely owned by the founder's family.

The restaurant, which serves fine Creole cuisine in the city's
French Quarter, announced Wednesday that majority ownership had
been sold to businessmen Todd Trosclair and John Georges who have
no previous restaurant ties.

Galatoire's, founded in 1905, had been owned and operated by a
board made up of 32 descendants of founder Jean Galatoire. Five
family members retain minority ownership.

One of the oldest restaurants in America, Galatoire's was named
the country's outstanding restaurant by the James Beard Foundation
in 2004.

(Copyright 2009 by The Associated Press. All Rights Reserved.)


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