Tag search result
Tip: Clicking on tags in this page allows you to drill further with combined tag search. For example, if you are currently viewing the tag search result page for "health care", clicking on "Kay Hagan" will bring you to a list of contents that are tagged with both "health care" and "Kay Hagan."
Smith's Prime Only stake
Submitted by mtomsic on 2008-03-28 13:01
Fred Smith knows his beef.
Aside from being a former cattleman, the Republican gubernatorial candidate once had a stake in Prime Only, a downtown Raleigh steakhouse and sushi bar.
Smith said he got involved with the restaurant after meeting the owner, James Soules. But about a year ago, Smith said he sold his interest in the restaurant.
"I was an investor for a short period of time," Smith said. "But after seeing the risk and the reward, I decided that's not where I needed to be."
Soules also owns a separate Prime Only in north Raleigh, which Smith did not have a stake in.
According to Smith's autobiography, "A Little Extra Effort," he and his brother, Irvin, started Smith Brothers Cattle Company in the 1970s.
More after the jump.
- Login to post comments
