If Tilman Fertitta, the Chief Executive of the Landry's Restaurants Inc, has his way, the McCormick & Schmick's Seafood Restaurants Inc. will soon be under his acquisition.

It has been reported that Tilamn has proposed an ownership bid for the Ore-based chain of restaurants on a very serious note recently that has made the market analysts speculate that the ball is soon going to be in his court.

He has made an all-cash offer of $9.25 per share, which is co-incidentally the same figure to which the shares of the company have risen up to.

In a press briefing, Feritta told the media persons, "It's a good name and they have lots of good locations, but they've been performing really poorly. We feel we can fix them. They fit into Landry's very easily. The stores need to be updated. Fertitta has secured financing from Jefferies Group”.

Feritta renders his services as a Chairman and CEO to the well-established restaurant chain with more than 95 units across the world that incorporates Houston spots in Town & Country Village, Uptown Park and the Houston Pavilions downtown.

Seems like the tycoon is on the purchasing spree since he acquired Landry's Restaurants private last October for $1.4 billion in cash. After the Claim Jumper restaurant chain, Bubba Shrimp Co. and the Trump Marina Hotel Casino in Atlantic City, he is now after McCormick & Schmick's Seafood Restaurants Inc.