ATLANTA Arcapita Inc. said Wednesday that it signed a deal to sell Church's Chicken to another private-equity firm, ending speculation that the 1,650-unit fast-food chain was on the block. Terms of the deal between Arcapita and the buyer, San Francisco-based Friedman Fleischer & Lowe, were not disclosed. However, reports last week indicated the price would be in the $300 million range. Arcapita paid $390 million in 2004 when it acquired Church's franchisor, Cajun ...

Register to view this article

It’s free but we need to know a little about you to continually improve our content.

Why Register?

Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.

 

Attention Print Subscribers:  While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!

Already registered? here.