Over the past 14 years, Atlanta-based Roark Capital has made a habit of buying restaurant companies and franchises and keeping them. That's unique for a private equity group, which usually unloads its acquisitions in just a few years...
Not much was said after a hedge fund called Groveland Capital quietly nominated six people to the board at Biglari Holdings — giving Sardar Biglari his first potential threat as chairman of the owner of the restaurant chains Steak N Shake...
London-based Electra Partners invests $155 million in deal
For years, restaurant companies couldn’t unload non-core restaurant chains fast enough, and 2014 was no different. Darden Restaurants Inc. sold Red Lobster to Golden Gate Capital for $2.1 billion. Ruth’s Hospitality Group Inc. sold...
Purchase of concept marks new territory for full-service breakfast chain
New company to be called Restaurant Brands International
Canadian approval means merger could be completed by next week
Too much is often made of a company’s first day stock performance in an initial public offering. IPOs are often engineered to perform well on Day One. Some take a bit of time to generate investor interest. Others struggle to maintain any...
National distributor may emerge as Federal Trade Commission seeks to ensure competition
Applebee's franchisee United Ohana LLC tasked with turning around struggling concept