Private-equity groups have eagerly stalked restaurant franchisors in recent years, snapping up such companies as Dunkinâ€™ Brands, owner of the Dunkinâ€™ Donuts, Baskin-Robbins and Togoâ€™s chains, as well as Hamburger Hamlet, Applebeeâ€™s, Chevyâ€™s and Worldwide Restaurant Concepts, the owners of the Sizzler chain. These days, however, in their eagerness to put their money to work in the restaurant industry, private-equity groups are stalking large franchisees, too, ...
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