Shake Shack's "mother ship" location in New York's Madison Square Park
It’s Monday, so there’s another rumor of a possible restaurant company initial public offering. Shake Shack, the better-burger concept owned by New York-based Union Square Hospitality Group, is considering an IPO this year, according to a Reuters report Friday citing unnamed sources. The news follows an earlier rumor that the parent to the West Coast’s Habit Burger Grill chain is also preparing an IPO. And don’t forget Denver-based Smashburger, which has also ...
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Contact: Desiree Torres Desiree.Torres@penton.com