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finance

Technology

Grubhub acquires LevelUp for $390M

 By Sara Rush Wirth on Jul. 25, 2018

The delivery giant strategically adds the digital ordering and loyalty platform to its portfolio.

Financing

Jose Andres takes over The Bazaar from SBE

 By Heather Lalley on Jul. 24, 2018

The move will allow Andres’ ThinkFoodGroup to expand the concept outside of SBE properties.

Financing

Matchbox is acquired by Thompson Hospitality Corp.

By Heather Lalley on Jul. 24, 2018

The struggling full-service pizza chain hopes the investment will jump-start its growth.

Financing

Papa John’s swallows a poison pill

By Jonathan Maze on Jul. 23, 2018

The company took steps to ward off a potential hostile takeover from its founder, or others.

Financing

Garbanzo owners buy stake in La Boulangerie

By Heather Lalley on Jul. 23, 2018

The investment comes with plans to expand both restaurant brands while also developing new concepts.

Financing

Krispy Kreme to buy a majority stake in Insomnia Cookies

By Jonathan Maze on Jul. 20, 2018

The cookie chain will operate as a stand-alone company following the sale.

Financing

Krispy Kreme reportedly near deal to buy Insomnia Cookies

By Jonathan Maze on Jul. 19, 2018

Report says the JAB-backed doughnut chain wants to take on the fast-growing cookie concept, says RB’s The Bottom Line.

Financing

Hooters is up for sale

By Jonathan Maze on Jul. 18, 2018

The company is looking for buyers three years after its last sale attempt.

Financing

Cost increases hurt Luby’s Cafeteria

By Jonathan Maze on Jul. 16, 2018

The company says it needs to “critically evaluate” all of its locations amid a widening loss.

Financing

Wow Cafe’s owner buys Garces Restaurant Group

By Jonathan Maze on Jul. 11, 2018

Ballard Brands and a local investor paid $8 million for chef Jose Garces’ restaurants out of bankruptcy.

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