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Investor offers to buy J. Alexander’s

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


Chuck E. Cheese's parent to go public again

CEC Entertainment, which also owns Peter Piper Pizza, will return to the public markets after its merger with Leo Holdings.

The company has terminated the operator’s franchise agreements for 37 stores in Texas, one of which was the subject of a video featuring rats in the kitchen.

Wellspring Capital is now the owner of Lucky Strike.

The Atlanta-based operator, which also owns Popeyes locations, added a third brand and closed in on 500 restaurants.

The Dallas-based movie theater and dining chain will use the funds from TowerBrook Capital Partners to speed growth.

The burger giant is making a $3.7 million minority investment in the New Zealand-based company.

The days in which a concept can expect to become really big are probably over, says RB’s The Bottom Line.

Bessemer Investment Partners acquired Houston-based operator KorMex Foods.

The attorney rescued the coffee chain in 2013. But the company went out of business last year, and now he faces federal charges, says RB’s The Bottom Line.

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