An affiliate of Roark Capital Group has agreed to acquire a majority stake in Carl’s Jr. and Hardee’s parent CKE Inc., and members of the burger chains’ senior management will retain a minority interest, the company said late Tuesday. Terms were not initially disclosed and the deal is not expected to close until the fourth quarter. But the announcement puts to rest rumors circulated earlier in the week that TriArtisan Capital Partners had been a leading contender for the ...
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Contact: Desiree Torres Desiree.Torres@penton.com