Cold Stone and Kahala merge to form holding company

SCOTTSDALE Ariz. Ice cream chain franchisor Cold Stone Creamery and multibrand fast-food franchisor Kahala Corp. are merging into a holding company in part to compete with private-equity firms for additional restaurant brand acquisitions, the heads of the Scottsdale companies were quoted as indicating late Thursday in an Associated Press report.

Under the name Kahala Cold Stone, the company's 13 brands, including Blimpie, Ranch 1, Taco Time and Great Steak &

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