Good Times Restaurants Inc. has acquired a 48-percent equity stake in Bad Daddy’s Burger Bar, with rights to expand the gourmet burger brand in Colorado, Arizona and Kansas, the company said Monday. Golden, Colo.-based Good Times is parent to 39-unit quick-service drive-thru chain Good Times Burgers & Frozen Custard. It is known for burgers, fresh-cut fries, lemonade and frozen custard. The NASDAQ small-cap company is owned by Small Island Investments Ltd., which took an equity ...

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