Search Restaurant Business
The chain's to-go and catering business has surged, while dine-in business has fallen.
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.
The pizza chain’s founder has hired advisers to explore a sale of all or some of his shares.
The owner of Landry’s has formed a second public shell company and is raising $275 million to fund a deal.
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.”
The Canadian brand operator will pay $6.45 per share for the take-and-bake pizza chain.
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.
See the full ranking of the Top 100 concepts, which account for more than $1.8 billion in annual revenue, and learn how they are putting hospitality first.
Peter Romeo highlights the moments restaurateurs miss at their own peril
As restaurants begin to reemerge, one year since it all began, Restaurant Business takes stock of the massive changes the virus has brought.