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acquisitions

Financing

McDonald’s is selling its automated ordering lab to IBM

The burger giant is selling its McD Tech Labs, created after its 2019 purchase of Apprente, as part of an agreement with the tech giant to build its artificial intelligence capabilities.

Financing

Why margins could keep Sweetgreen from its holy grail

The fast-casual salad chain wants to revolutionize the fast-food business and make it healthy. Its margins could cause investors to think twice, says RB’s The Bottom Line.

NRD Capital on Tuesday announced the formation of a platform company called Experiential Brands, headed by Fuzzy’s CEO Paul Damico.

A look at the four deals that went down last week, plus, Kitchen United tested robot delivery, ChowNow hired a CFO and more.

Portillo’s, Dutch Bros and First Watch did not match the first day “pops” of some previous IPOs. RB’s The Bottom Line explains why this is better in the long run.

The fast-casual pizza chain has been acquired by franchisees Pie Guy Restaurants, with former Long John Silvers head serving as its new CEO.

The online ordering company will use Wisely to expand its data and marketing services.

The company said it will lean on Chk Plz's expertise to add new features.

Companies flush with cash are buying other providers in pursuit of an end-to-end product. Also, ResQ raised $39 million, Uber Eats closed on Drizly and more.

Fresh Acquisitions, whose assets were just sold to Famous Dave’s owner, is being accused of misappropriating $20 million before it filed for bankruptcy, including $4 million in Paycheck Protection Program funds.

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