CARPINTERIA Calif. The parent of Carl’s Jr. and Hardee’s said Wednesday it has received a rival takeover bid that may be a better deal than the buyout offer put forth in February by Thomas H. Lee Partners. CKE Restaurants Inc. did not identify who made the alternative takeover proposal to acquire all outstanding shares of the company. The board, however, said the new offer is “reasonably expected” to lead to a more “superior proposal” than the $928 million bid from ...
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Contact: Desiree Torres Desiree.Torres@penton.com