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MTY Food Group completes purchase of Famous Dave's owner

Montreal-based MTY adds BBQ Holdings' nine concepts to its collection in a deal valued at $200 million.


As MOD Pizza can attest, the market for IPOs remains frozen

The Bottom Line: The number of offerings this year has plunged, thanks largely to market volatility and weak performance among last year’s IPOs.

The SEC and the U.S. Attorney in New Jersey announced civil and criminal charges against three men, charging them with inflating the share price of their company.

Eataly has been acquired by European investment group Investindustrial.

The Bottom Line: The CFO for the owner of KFC, Pizza Hut, Taco Bell and Habit said the company is “always scanning opportunities.”

Tokyo Joe's is acquired by MAD Greens and Snappy Salads parent Salad Collective.

The private equity firm will help the five-unit fast-casual chain grow throughout Southern California and beyond.

The 30-unit frozen yogurt chain was sold to its largest franchisee, Neil Hershman, who brought in Duncan to be its chief creative officer.

The Bottom Line: More than 9% of restaurants in the 20 largest franchise restaurant brands changed hands last year. But operators may have missed their chance at historically high valuations.

The private equity firm, which owns Modern Restaurant Concepts, now has $4 billion in assets under management.

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