On Thursday, my colleague Lisa Jennings wrote about a report that a fast food operator out of the Philippines named Jollibee Foods Corp., is interested in a U.S. quick-service chain worth at least $1 billion...
Over the past 14 years, Atlanta-based Roark Capital has made a habit of buying restaurant companies and franchises and keeping them. That's unique for a private equity group, which usually unloads its acquisitions in just a few years...
Not much was said after a hedge fund called Groveland Capital quietly nominated six people to the board at Biglari Holdings — giving Sardar Biglari his first potential threat as chairman of the owner of the restaurant chains Steak N Shake...
For years, restaurant companies couldn’t unload non-core restaurant chains fast enough, and 2014 was no different. Darden Restaurants Inc. sold Red Lobster to Golden Gate Capital for $2.1 billion. Ruth’s Hospitality Group Inc. sold...
