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acquisitions

Financing

Whataburger looks for an investor

The chain is reportedly looking to sell a stake in the business, suggesting the chain may be ready to speed its growth, says RB’s The Bottom Line.

Financing

Tilman Fertitta wants to take another company public

The owner of Landry’s has formed a second public shell company and is raising $275 million to fund a deal.

The pizza chain’s founder has hired advisers to explore a sale of all or some of his shares.

The company hopes to raise as much as $510 million and be valued at more than $4 billion in its upcoming offering.

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

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

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

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.

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

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

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