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The purchase will create a family restaurant empire extending to 700 locations and $800 million in annual sales.
The multiconcept operator has begun the process of evaluating “strategic alternatives.”
Tons of dry powder and low interest rates have helped fuel the summer’s shopping spree, but buyers are still being choosy, says RB’s The Bottom Line.
On this week’s episode of "A Deeper Dive," Ashish Seth of BMO Capital Markets talks about Kura Sushi's IPO and a crazy summer for M&A.
Vintage Capital contends in a public letter that negotiations would have brought a higher offer, but Red Robin wasn’t willing. It also alleges that the incoming CEO is getting too rich of a deal.
The voice-ordering technology company would be the burger giant’s third deal this year and comes as it plans to build a presence in Silicon Valley.
The investment will help the Japanese noodle and tempura chain quickly expand in the U.S.
John Schnatter told Fox Business that he talked with Wendy’s about merging—and that the chance of a deal has increased since the recent CEO change, says RB’s The Bottom Line.
The company said it plans to invest in the stores at an accelerated rate.
Patrick Doyle and The Carlyle Group will target consumer, retail and other companies in need of a “technological transformation.”
These emerging chains are the growth vehicles to watch—the ones poised to be major industry players in the coming years.
Food trends and recipes to keep menus fresh
New restaurants and soon-to-open concepts worth monitoring
RB’s exclusive ranking of the highest-grossing independent restaurants
Peter Romeo highlights the moments restaurateurs miss at their own peril
Ideas from the field you may want to borrow