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Denny’s to be acquired for $620 million in grand slam of a deal

Restaurant chain Denny’s announced on Nov. 3 it would be acquired by a group comprising TGI Fridays-owner TriArtisan Capital Advisors in a $620 million deal,...

Iconic restaurant chain to be acquired by investors in major $620M deal

SPARTANBURG, South Carolina — Denny’s′ parent company, Denny’s Corporation, announced Monday that it has entered into a definitive agreement to be acquired by a consortium of investors in a deal valued at approximately $620 million, which will take the company private, the Associated Press is reporting.

Denny's to go private in $620 million investor deal

Denny's announced it is being acquired by a group of investors in a deal valued at $620 million, which includes debt. This acquisition will take the well-known diner chain private.

Breakfast diner Denny’s is sold for $620 million and will be privately owned

If Denny’s shareholders approve, the deal is expected to close in early next year

Denny’s to go private in $620M deal that gives shareholders cash payouts

The Spartanburg, SC-based Denny’s Corporation has sold to a trio of private investment groups for $620 million. Stockholders will receive $6.25 per share.

Private equity group eats Denny's for breakfast

Denny's, home of ungenerously-portioned American breakfasts, is being acquired and taken private by a consortium of investors led by the private equity firm TriArtisan Capital Advisors. The deal, worth $620 million including debt, will end the diner chain's long run as a publicly traded company. — Read the rest The post Private equity group eats Denny's for breakfast appeared first on Boing Boing.