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Starboard Value upsizes blank-check company as units go public
New acquisition corporation increases target to $360 million from earlier $300 million Activist investor Starboard Value LP introduced its new affiliated blank-check company to the public markets...
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FAT Brands completes acquisition of Johnny Rockets from Sun Capital Partners...
Global franchising company FAT Brands first announced its intention to purchase the retro diner in August Global franchising company FAT Brands — global franchising company and owner of Fatburger,...
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Quality Restaurant Group buys 62 Sonic Drive-In Restaurants in Alabama and...
Multi-concept franchisee also operates Pizza Hut, Moe’s Southwest Grill and Arby’s locations Quality Restaurant Group LLC, a multi-concept franchise operator based in Greensboro, N.C., has acquired 62...
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Former Jamba and Barcelona/Bartaco executives launch new blank-check company
Tastemaker Acquisition Corp. seeks to raise $200 million, saying the restaurant industry is ripe for investment A group of veteran restaurant operators and investors on Friday filed for an initial...
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Dunkin’ Brands in talks to be bought by Inspire Brands
The owner of Arby's, Sonic Drive-In, Buffalo Wild Wings, Jimmy John's Sandwiches and Rusty Taco could announce the purchase of the Dunkin' and Baskin-Robbins brands as soon as Monday Dunkin’ Brands...
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BarFly Ventures’ HopCat bought out of bankruptcy by Congruent Investment...
The new owners bought BarFly’s assets — including HopCat, Stella’s and Grand Rapids Brewing company — for $17.5 million After filing for Chapter 11 bankruptcy in June as a result of COVID-19...
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Corner Bakery Cafe sells to Boston Market owner Pandya
Affiliates of Roark Capital had held fast-casual brand since 2011 Affiliates of Roark Capital Group have sold the Dallas-based Corner Bakery Cafe brand to Pandya Restaurant Growth Brands LLC, the...
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Inspire Brands to buy Dunkin’ Brands Group for $106.50 per share, merging...
$11.3 billion transaction to create one of the world's largest restaurant companies Inspire Brands Inc. and Dunkin’ Brands Group Inc. have made a definitive agreement to merge the two restaurant...
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Sun Capital Partners-owned FIC Restaurants sells Friendly’s in bankruptcy...
Amici Partners Group buys struggling family-dining chain's assets, including 50 company-operated stores; Amici is an affiliate to Red Mango and RedBrick Pizza operator BRIX Holdings; Sun Capital...
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Inspire Brands enters the competitive breakfast daypart with the purchase of...
Inspire Brands’ $11.3 billion acquisition of Dunkin’ Brands will help to ‘diversify and globalize’ its portfolio and strengthen technology innovation, analysts say With the $11.3 billion acquisition...
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Inspire Brands-Dunkin’ Brands deal clears COVID-19 clouds
After a muffled M&A period, the proposed $11.3 billion acquisition may get others in the restaurant industry buzzing The COVID-19 pandemic had cast a pall over the big, proactive mergers and...
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Trending this week: What the Inspire Brands-Dunkin’ Brands deal could mean...
This week on Nation’s Restaurant News, the biggest news was that Inspire Brands will buy Dunkin’ Brands for $11.3 billion. The owner of Arby’s, Buffalo Wild Wings, Sonic Drive-In, Jimmy John’s and...
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Flynn Restaurant Group bids $816 million to buy NPC International out of...
The deal would give Flynn a total of more than 2,500 restaurants Flynn Restaurant Group LP has bid to buy NPC International Inc. out of bankruptcy for $816 million, through subsidiary companies, NPC...
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OPES Acquisition Corp. reports BurgerFi’s preliminary Q3 revenue of $9...
Acquisition corporation says targeted burger brand plans to open 6 restaurants in Q4 OPES Acquisition Corp. says BurgerFi International LLC, which it has targeted for taking public, expects revenue...
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Fat Brands says 20% of its restaurants remain closed
Franchise concept, which acquired Johnny Rockets in Q3, faces COVID-19 challenges with amusement park, movie theater, shopping mall, casino and cruise ship locations Global franchising company FAT...
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Wendy’s may withhold consent in Flynn-NPC deal: Report
Bankruptcy judge approves Flynn affiliates as stalking-horse bidder for burger, Pizza Hut locations The Wendy’s Co. said it may withhold permission in the $816 million stalking-horse bid by Flynn...
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Thompson Hospitality acquires Matchbox in bankruptcy deal
Casual-dining brand closes 3 units as it emerges from reorganization Thompson Hospitality, a retail and facilities and management company, has acquired Matchbox Food Group LLC as the casual-dining...
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Goldman Sachs to take ‘significant stake’ in Zaxby's
Banking division’s funds to invest in Georgia-based chicken brand Goldman Sachs Merchant Banking Division will be acquiring a “significant stake” in Zaxby’s Operating Co. L.P., the companies said...
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Wendy’s makes bid for about 400 units in NPC bankruptcy case
Burger brand joins franchisees to acquire units targeted in Flynn Restaurant Group's $816 million stalking-horse offer The Wendy’s Co. has submitted a bid to buy nearly 400 of its restaurants in the...
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Torchy’s Tacos sells $400 million stake to new investors
Majority owner General Atlantic is joined by D1 Capital Partners, T. Rowe Price, Line Pine Capital and XN Torchy’s Tacos has sold a $400 million stake in the company to a new group of investors, the...
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