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 ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!