FAT Brands To Acquire Global Franchise Group For $442.5M
FAT Brands Inc (NASDAQ: FAT ) inked an agreement to acquire Global Franchise Group from Serruya Private Equity Inc and Lion Capital LLP for $442.5 million in cash and stock. Global Franchise franchises and operates five quick-service restaurant concepts, Round Table Pizza, Great American Cookies, Hot Dog on a Stick, Marble Slab Creamery, and Pretzelmaker. The company will issue $25 million in common stock, $67.5 million Full story available on Benzinga.com
FAT Brands To Acquire Global Franchise Group For $442.5M
FAT Brands Inc (NASDAQ: FAT ) inked an agreement to acquire Global Franchise Group from Serruya Private Equity Inc and Lion Capital LLP for $442.5 million in cash and stock. Global Franchise franchises and operates five quick-service restaurant concepts, Round Table Pizza, Great American Cookies, Hot Dog on a Stick, Marble Slab Creamery, and Pretzelmaker. The company will issue $25 million in common stock, $67.5 million Full story available on Benzinga.com