Perkins sues to remove a 26-unit operator

The company terminated one of its largest franchisees over unpaid royalties following the closure of a location over health code violations.


Performance Food Group to buy Reinhart Foodservice

The deal would make PFG one of the largest foodservice distributors in the U.S.

RB’s The Bottom Line compares proposals for the two casual-dining operators to previous restaurant chain transactions.

The casual chain said the demand from Vintage Capital didn’t include the necessary information, nor proof that Vintage actually owns 11.6% of outstanding shares.

The purchase price was $10 million. The reality is far more complicated, says RB’s The Bottom Line.

At the six-month mark, critical forces have clearly emerged. Here’s a sampling.

The private-equity firm is paying $8 per share in an all-cash deal valued at $650 million.

Ancora Advisors said the company should immediately run a sale process after shareholders withheld votes from two directors.

The latest acquisition gives Fat Brands its eighth brand as it continues to collect franchises.

Vintage Capital said it will call a special meeting of shareholders unless the board acts within 10 days.

  • Page 5