acquisitions

Bankrupt Ruby Tuesday tells court (and retirees): 'Pension funds are ours'

A struggle over who owns those assets has complicated Chapter 11 proceedings--and raised the possibility of a Chapter 7 liquidation.

Financing

Applebee’s franchisee Flynn Restaurant Group is bidding to buy NPC International

The giant operator, which also operates Arby’s, Panera Bread and Taco Bell, has an initial bid to buy the giant Wendy’s and Pizza Hut franchisee out of bankruptcy.

Financing

Franchisee Carrols may give up its right to buy Burger King units

By Jonathan Maze on Nov. 05, 2020

The company is negotiating with the franchisor to reduce unit openings and remodels and expects to give up an exclusive right to buy existing restaurants that are up for sale.

Financing

What Inspire Brands is building with its Dunkin’ acquisition

By Restaurant Business Staff on Nov. 04, 2020

This week’s episode of the RB podcast “A Deeper Dive” features a discussion with Editor-at-Large Peter Romeo on some recent deals in the restaurant industry.

Financing

The restaurant chain bankruptcy wave is far from over

By Jonathan Maze on Nov. 04, 2020

The debt levels for restaurant chains has only increased during the pandemic, which could cause problems as the winter months approach, says RB’s The Bottom Line.

Financing

Friendly’s declares bankruptcy and will be sold to the owner of Red Mango

By Jonathan Maze on Nov. 02, 2020

The company will be sold for just less than $2 million after the pandemic disrupted the chain’s sale process.

Financing

Wendy’s might bid for the bankrupt NPC restaurants

By Jonathan Maze on Nov. 02, 2020

The company said in a filing that it could bid, along with a group of selected franchisees, for the operator’s nearly 400 locations out of bankruptcy.

Financing