 HOUSTON, June 21, 2021 PRNewswire -- Lubys, Inc. Lubys or the Company NYSE: LUB today announced the Company has entered into an agreement to sell the Lubys Cafeteria restaurant business to a newly formed affiliate of Calvin Gin. The purchase by the Gin affiliate to be renamed Lubys Restaurants Corporation following closing of the transaction will include 32 of the existing locations of Lubys restaurants, all in Texas listed below, and ownership of the Lubys Cafeteria brand. 