Ruby Tuesday Inc. has agreed to acquire the fast-casual Lime Fresh Mexican Grill chain for $24 million, but the casual-dining operator also plans to close up to 27 underperforming locations of its namesake brand in coming months...
Activist investor Sardar Biglari this week acquired 50,100 more shares of Cracker Barrel Old Country Store Inc., bringing his stake in the family-dining chain to more than 16.3 percent...
The ink is not yet dry on Burger King’s plan to become a publicly traded restaurant company through a merger with shell company Justice Holdings, but one of its newest investors, hedge fund founder William Ackman, is already outlining plans...