Legal Sea Foods Is Selling Its Restaurants

BOSTON (CBS) -- A well-known name in the New England restaurant industry has a new owner. Legal Sea Foods is being sold to Boston-based PPX Hospitality Brands, CEO Roger Berkowitz announced Tuesday.

PPX will own all of Legal's restaurants and its fish processing plant in the Seaport, while Berkowitz will still control the company's online seafood business.

PPX Hospitality Brands includes the Smith & Wollensky Restaurant Group and The Strega Group.

Legal Sea Foods first opened as a Cambridge fish market in 1950 and now has more than 25 restaurants on the east coast.