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acquisitions

Financing

Cracker Barrel to invest up to $140M in Punch Bowl Social

The deal gives the highway-side family dining chain a noncontrolling stake in the “eatertainment” concept.

Financing

Starbucks takes a stake in a tech company

The coffee chain is sharing technology with Brightloom, formerly known as Eatsa, which also raised $30 million.

The proposed $58 million offering could end a long dry period and make the public markets available to small chains again, says RB’s The Bottom Line.

Onex Group said it has a deal to sell the Alabama-based chain to an undisclosed buyer and triples its investment.

The chain’s sale to Ares Management shows again that companies rethinking the restaurant business can fetch strong valuations, says RB’s The Bottom Line.

Vintage Capital noted in its nonbinding bid that it is meeting with Red Robin’s leaders and hopes to keep the conversation “constructive.”

Sources have confirmed a Mergermarket report of the deal to the private equity firm.

A report last week said Postmates was considering a sale, rather than an IPO. That could further shift the dynamics of third-party delivery, says RB’s The Bottom Line.

5171 Campbells Land Co. seeks credit protection after the brand sues to terminate its stores.

The casual-dining operator closed six locations and blamed rising minimum wages and shifting consumer tastes for the filing.

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