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acquisitions

Financing

16 Handles acquires a cookie dough brand

DŌ Cookie Dough Confections, which makes cookie dough for baking and eating raw, is already being sold out of the frozen yogurt chain’s New York locations.

Financing

Meritage Hospitality Group to acquire 43 Wendy’s restaurants

The Michigan-based operator has made 27 acquisitions in the burger chain’s system and now owns more than 300 restaurants.

The year in acquisitions: Strategic deals dominated a weak year for industry mergers and acquisitions. Investment firms remained on the sidelines.

The owner of Arby’s and Dunkin’ decided that the taco chain would be better off in the hands of a company that operates emerging brands.

The healthy fast-casual franchise has agreed to be sold to a growing Canadian restaurant operator for $54 million.

It’s the data firm’s 12th acquisition since 2016 and adds another service to its group of procurement and data products.

The $207 million deal is the latest in a string of acquisitions by the Canadian owner of Pinkberry and Papa Murphy’s, giving the company a major U.S. presence.

The brick oven pizza chain, which also sought debt protection in 2018, blamed the pandemic and inflation for its problems.

Dine Brands Global, which also operates IHOP, will get its long-desired growth concept in the 138-unit fast-casual brand.

The parent of Applebee’s and IHOP wants to supercharge the concept’s growth without changing what has worked so far at the 138-unit taco chain.

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