Restaurant industry merger-and-acquisition activity in 2013 continued to plateau, as it did in the prior year, and was still dominated by private-equity interest and franchise deals, according to a census from J.H. Chapman Group LLC. And so far in 2014, the market for initial public offerings has cooled off and many deals are coming with private-equity investments in emerging chains, said David L. Epstein, principal with the Chapman Group, in a phone interview. The Chicago-based ...
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