Last July I broke the news that the Palace Grill at 8 East Cota Street planned to close in September after 39 years in business. In October I wrote that owners Michael and Sandy DeRousse had sold the iconic eatery to a party that owns multiple restaurants in town and that the Palace Grill will live on. I can now report that the Bitar Group will be the new owner and that the deal should close soon. In the recent past the Bitar Group bought The Chase, Via Maestra 42, and Milk & Honey.