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acquisitions

Financing

Kona’s former CEO makes a bid to buy the company

A company operated by Marcus Jundt has a $27 million stalking horse bid to buy the struggling casual-dining chain.

Financing

Famous Dave’s buys back 10 franchise restaurants

The chain's to-go and catering business has surged, while dine-in business has fallen.

Financing

Whataburger looks for an investor

By Jonathan Maze on May 09, 2019

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

By Jonathan Maze on May 07, 2019

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

Financing

John Schnatter plans to sell Papa John’s stock

By Jonathan Maze on May 07, 2019

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

Financing

Luckin Coffee sets terms for its IPO

By Jonathan Maze on May 06, 2019

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

Financing

Kona Grill may have to declare bankruptcy

By Jonathan Maze on Apr. 17, 2019

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?

By Jonathan Maze on Apr. 15, 2019

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.