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A popular Minneapolis restaurant company is raising money to open more restaurants.
The Oceanaire Inc., parent company of The Oceanaire Seafood Room, has filed a private offering document with the U.S. Securities and Exchange Commission (SEC) seeking to raise $5.2 million.
As of Sept. 29, Oceanaire had raised $552,500. The money would be used to construct or lease buildings and to repay existing debt, according...