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acquisitions

Financing

Kona’s former CEO makes a bid to buy the company

A company operated by Marcus Jundt has a $27 million stalking horse bid to buy the struggling casual-dining chain.

Financing

Famous Dave’s buys back 10 franchise restaurants

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 owner of Landry’s has formed a second public shell company and is raising $275 million to fund a deal.

The pizza chain’s founder has hired advisers to explore a sale of all or some of his shares.

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.”

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.

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