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acquisitions

Financing

Wendy’s, with Nelson Peltz pulling the strings, missed the consolidation boat

 By Jonathan Maze on May 25, 2022

The Bottom Line: The burger chain tried operating other brands and then sold them to focus on its core brand. But that may not be doing the company any favors on Wall Street.

Financing

Starbucks is selling its Evolution Fresh brand

 By Jonathan Maze on May 24, 2022

The coffee chain, which plans to focus on its core business, sold its juice line to the carrot company Bolthouse Farms.

Financing

Wendy’s biggest shareholder may take the chain private

By Jonathan Maze on May 24, 2022

Nelson Peltz’s Trian Partners, which owns nearly 20% of the company’s stock, said it has approached the board about a possible acquisition, sending the shares soaring.

Financing

Centre Partners buys Captain D’s again

By Jonathan Maze on May 23, 2022

The private-equity firm, which sold the seafood chain in 2017, has acquired the brand again. Management has also invested in the company.

Financing

McDonald’s has a deal to sell its Russia restaurants to a licensee

By Jonathan Maze on May 19, 2022

Alexander Govor will acquire the company’s entire portfolio, McDonald's said. He has been an operator with the chain in Siberia since 2015.

Financing

Multiconcept operator Ark Restaurants is looking to make an acquisition

By Heather Lalley on May 18, 2022

In a significant reversal of its pandemic struggles, the owner of 17 full-service restaurants and an equal number of quick-service ones said it had a great quarter and is looking at adding another concept to its fold.

Financing

The Lost Cajun acquired by franchise consulting group

By Joe Guszkowski on May 13, 2022

Executive Decisions Group will look to help the chain return to growth after it emerged from bankruptcy earlier this year.

Financing

Saladworks parent acquires Barberitos Southwestern Grille and Zoup!

By Heather Lalley on May 12, 2022

WOWorks, the collector of better-for-you fast-casual chains, now operates six brands and plans to have more than 400 locations by the end of the year.

Leadership

After years of stability, Denny’s decides to shake things up

By Joe Guszkowski on May 04, 2022

The company has a new CEO in Kelli Valade and a new brand in Keke’s that it’s betting will help it accelerate growth for years to come.

Financing

When Wendy’s and McDonald’s went chain shopping

By Restaurant Business Staff on May 03, 2022

Restaurant Rewind: The burger giants once swelled their portfolios to include everything from pasta concepts to burrito chains. Here's why they ultimately pared back down to burgers.

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