acquisitions

Financing

Tilman Fertitta backs out of his SPAC deal

His Fertitta Entertainment will pay up to $33 million to get out of its merger with Fast Acquisition Corp., deciding the company should remain private.

Financing

Domino's doesn't plan on acquiring another brand anytime soon

Amid a wave of consolidation, the world's largest pizza chain believes it can keep growing on its own.

Private equity firm Main Post Partners has made a “strategic growth investment” in the brand, which has a presence in 2,600 locations.

The Bottom Line: The deal signals a shifting market in the restaurant business. But it also demonstrates why executives should reconsider overreacting to activist investors.

The burger chain, which made a surprising deal for the Mexican concept, is not exactly ruling out another acquisition down the line.

The burger chain is paying $12.51 per share for the Mexican fast food chain to get more scale and drive more unit growth.

Fertitta Entertainment, including Landry’s, has notified Fast Acquisition of its intent to terminate the deal. But the blank check company is pushing back.

The Bottom Line: The salad chain’s stock price has fallen 40% since its peak amid market volatility and questions about its market cap.

Leonard Green & Partners, an early investor in Shake Shack, has purchased the majority stake in the fast-growing fast casual from L Catterton, the company announced Tuesday.

The Bottom Line: With five companies having gone, and three more planning to go public, chains are finding a more receptive environment. But volatility could change that.

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