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Financing

Fat Brands gets a loan from Steak ‘n Shake’s owner

A hedge fund owned by the CEO of Biglari Holdings made a $20 million loan to the operator of Fatburger, says RB’s The Bottom Line.

Financing

Jack in the Box stock falls as report casts doubt on possible sale

A Debtwire report suggested that buyers are concerned about the chain’s growth and its valuation.

The company is paying a group of financial institutions over negligence claims following a 2015 cyberattack.

The long-sleepy chicken chain expects a record year of openings in 2019—again—and credits some simple changes for its success.

Tim Hortons had its best same-store-sales performance in more than two years thanks to an improved image in Canada.

The product is the chain’s latest effort to bolster lagging breakfast sales.

Parent company Yum Brands also reported same-store sales at Pizza Hut were positive thanks in part to its NFL deal, but sustained improvement will be a “slow build.”

The service expansion through Grubhub follows the chain’s seventh straight year of same-store sales growth.

The chicken chain will let consumers win the rug in a Reddit creativity contest.

The company said its sales turned positive for the first time in 37 months.