acquisitions

Financing

Fatburger’s owner buys Elevation Burger for $10M

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

Financing

Bidder for Red Robin gives the board an ultimatum

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

Reaction to the sale in the burger chain’s home state demonstrates why the company is so successful there, says RB’s The Bottom Line.

Jack’s Family Restaurants and Restaurants Unlimited are both on the block, according to separate reports, says RB’s The Bottom Line.

Private-equity firm FFL Partners could seek $350 million for the 1,500-unit chain.

The fast-casual chain’s acquisition will give it access to the company’s insight into delivery and high-volume production.

Institutional Shareholder Services told the company’s investors to withhold votes from two directors.

The company is trying to find a buyer, demonstrating the challenges legacy family dining chains are having in the current market, says RB’s The Bottom Line.

Lorne Goldberg, who also owns Pick Up Stix and Mandarin Express, buys another Asian-focused concept.

The casual-dining company “doubts” that the acquisition proposal was “bona fide.”

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