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Opes Acquisition is paying $100M for BurgerFi

The reverse merger will help fuel the fast-casual burger chain’s growth, which will take it to more nontraditional locations, including ghost kitchens.


For Aurify Brands, Le Pain Quotidien was too good a brand to pass up

The New York-based operator has completed its deal for the chain’s U.S. market and plans to reopen more than 40 locations, says RB’s The Bottom Line.

CEC Entertainment said it filed for bankruptcy protection to stop those actions. RB’s The Bottom Line explains why this might be a sign of things to come.

CEC Entertainment, which also owns Peter Piper Pizza, is the latest casualty of the coronavirus pandemic.

Investors are apparently willing to bet on the chain’s comeback, even if it does file for bankruptcy, says RB’s The Bottom Line.

The activist investor, which once wanted to buy the chain at $40 per share, has taken a steep loss on the stock, says RB’s The Bottom Line.

Founder Robert Thompson joins this week’s edition of the RB podcast A Deeper Dive, and insists consumers will come back to his restaurants.

The $7.3 billion deal will create the largest online food delivery company outside of China.

The fast-growing burger chain has a non-binding letter of intent to merge with the blank-check company.

Savory Fund I is designed to develop promising restaurant concepts, and has experienced operators on board to help guide the firm’s investments.

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