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Americas · United StatesBy Jordan Valinsky, CNN New York (CNN) — Denny’s, the struggling, 72-year-old diner chain, is selling itself to a group of investors who are taking the business private. The company announced Monday that it’s sold itself to TriArtisan Capital Advisors, a private equity firm that also owns P.F. Chang’s, and Yadav Enterprises, a major Denny’s franchisee, in a $322 million deal (excluding its substantial debt load). Denny’s board approved the deal.…See the Story
Denny’s Is Being Taken Private and Pizza Hut May Be for Sale | News Channel 3-12
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