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acquisitions

Financing

Will the fourth time be the charm for Sardar Biglari?

 By Jonathan Maze on Aug. 25, 2020

RB’s The Bottom Line looks at the Steak ‘n Shake owner’s fourth attempt for a seat on the Cracker Barrel board.

Leadership

Sardar Biglari tries again to control a seat on Cracker Barrel’s board

 By Peter Romeo on Aug. 21, 2020

The owner of Steak 'n Shake has started his fourth proxy fight against the company, having nominated Raymond Barbrick, co-CEO of franchise operator The Briad Group.

Financing

Why Fast Acquisition Corp. believes it can make a fast deal

By Jonathan Maze on Aug. 21, 2020

The blank-check company featuring Ruby Tuesday founder Sandy Beall and a host of &pizza veterans believes its experienced team gives it an advantage, says RB’s The Bottom Line.

Financing

Here comes another restaurant SPAC

By Jonathan Maze on Aug. 20, 2020

Sandy Beall, Doug Jacob and Kevin Reddy lead a group of industry veterans that formed a $200 million acquisition company, says RB’s The Bottom Line.

Financing

Why Andy Wiederhorn keeps buying restaurants

By Jonathan Maze on Aug. 19, 2020

This week’s episode of the RB podcast “A Deeper Dive” features the CEO of Fat Brands, explaining his planned purchase of Johnny Rockets.

Financing

Investor behind Papa John’s comeback forms a SPAC

By Jonathan Maze on Aug. 18, 2020

Starboard Value, which also overhauled the board at Darden Restaurants, has filed for a $300 million blank-check company, says RB’s The Bottom Line.

Financing

Bankrupt operator NPC to close up to 300 Pizza Hut locations

By Jonathan Maze on Aug. 17, 2020

The franchisee is also selling its Pizza Hut units following an agreement with the franchisor.

Financing

Fatburger's parent to acquire Johnny Rockets for $25M

By Peter Romeo on Aug. 13, 2020

The deal will add 325 locations to the fold of Fat Brands.

Financing

New to the dollar menu: Five Iowa Burger Kings

By Jonathan Maze on Aug. 06, 2020

Tasty Restaurant Group has agreed to pay $1 for five Burger King locations in Iowa.

Financing

Matchbox Food Group declares bankruptcy

By Jonathan Maze on Aug. 03, 2020

The struggling casual-dining brand says it could close units without more favorable leases and could be sold to one of its investors.

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