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Despite the shutdown, Fatburger’s owner sees buying opportunities

Fat Brands says it expects to close a deal by the end of this quarter as prices fall and flexibility increases.


Roark Capital buys a piece of Cheesecake Factory

The private-equity firm, which owns Arby's and Buffalo Wild Wings, has acquired 200,000 shares of preferred stock for $200 million.

The activist investor argues the company was too quick to abandon its investment, says RB’s The Bottom Line.

Additional closings and a sale of the company could follow, according to court documents.

The Atlanta-based private-equity firm, which has invested in numerous restaurants, has a new fund.

Allegro Merger Corp., citing “extraordinary” conditions, opted not to merge with the bar and grill chain.

The eatertainment chain faces foreclosure and has already closed all 19 units and laid off its staff.

The deal coincides with the completion of the franchisee’s $130 million acquisition of Diversified Restaurant Holdings.

The plan was revealed after BBQ Holdings, also the parent of Famous Dave’s, completed its $7.5 million acquisition of the brand.

The $970 million deal gives the broadline distributor a growing cash-and-carry channel aimed at independents.

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