Tragic news.

Mike the Musicologist forwarded us a link from Click2Houston.

Remember how Luby’s was closing down and selling off their real estate?

Yeah. Not so much.

The company announced Monday that it signed an agreement to sell Luby’s Cafeteria restaurant business to a newly formed affiliate of Calvin Gin.
“We are so pleased to be able to acquire the operation of these Luby’s Cafeteria stores, one of the iconic brands in the Texas restaurant market,” said Gin, CEO of the purchaser. “This transaction will allow us to continue serving the many loyal Luby’s customers at these locations and to provide long-term employment opportunities for the many associates currently at these locations.”

But:

The acquisition of the Luby’s cafeterias business will not include any of the real estate owned by Luby’s, or any of the company’s Fuddruckers operations or the Company’s Culinary Contract Service business, with the exception of the joint Luby’s/Fuddruckers location in Webster.

Just for grins, I went over to the Fuddrucker’s website to see if there were any open in the Austin area. The nearest one to me (that isn’t listed as “temporarily closed”) is on Slaughter Lane. The next nearest is in Waco. (The Round Rock location is “temporarily closed”. Yeah, I guess you could say that: it is now a location of the Tumble 22 Nashville hot chicken chain.)