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acquisitions

Financing

Kona Grill may have to declare bankruptcy

The struggling casual-dining chain appointed a restructuring specialist as CEO and said a bankruptcy filing is possible.

Financing

Can small companies make it on Wall Street?

Despite favorable regulations, small companies still struggle to gain traction on the public markets, says RB’s The Bottom Line.

Financing

J. Alexander’s rejects Ancora’s purchase offer

By Jonathan Maze on Apr. 12, 2019

The board of directors said that the $11.75-per-share proposal “dramatically undervalues the company.”

Financing

Another activist investor wants J. Alexander’s to be sold

By Jonathan Maze on Apr. 11, 2019

Mario Gabelli puts his support behind a sale, saying that it’s too small to be public and hasn’t performed well, says RB’s The Bottom Line.

Financing

Pinkberry’s owner to buy Papa Murphy’s in a $190M deal

By Jonathan Maze on Apr. 11, 2019

The Canadian brand operator will pay $6.45 per share for the take-and-bake pizza chain.

Financing

Investor offers to buy J. Alexander’s

By Jonathan Maze on Apr. 08, 2019

Large shareholder Ancora Advisors proposed paying $11.75 per share, saying the company would be better off private.

Financing

Burger King sues one of its largest franchisees

By Jonathan Maze on Apr. 08, 2019

The company has terminated the operator’s franchise agreements for 37 stores in Texas, one of which was the subject of a video featuring rats in the kitchen.

Financing

Chuck E. Cheese's parent to go public again

By Jonathan Maze on Apr. 08, 2019

CEC Entertainment, which also owns Peter Piper Pizza, will return to the public markets after its merger with Leo Holdings.

Financing

Former Dave & Buster’s owner buys another fun-and-food chain

By Peter Romeo on Apr. 05, 2019

Wellspring Capital is now the owner of Lucky Strike.

Financing

Big Burger King franchisee GPS buys 75 Pizza Hut locations

By Jonathan Maze on Apr. 05, 2019

The Atlanta-based operator, which also owns Popeyes locations, added a third brand and closed in on 500 restaurants.