NEW YORK (CBS.MW)-Steak house operator Smith & Wollensky on Friday cut the price of its upcoming initial public offering to $7.50 to $10.50 per share, from $8.50 to $11.50. Smith & Wollensky ...

Since opening in New York City in 1977, Smith & Wollensky has cemented its reputation as a high-end American Steakhouse. The restaurant's newest location opened in June in Burlington, its third in ...