mergers and acquisitions
Stories tagged “mergers and acquisitions”

TheFork: American Express completes $700m takeover
The card company has folded TheFork into its dining business, adding more than 55,000 European restaurants to a reservations push that already includes Resy and Tock.

Red Carnation sells Summer Lodge in Dorset after 23 years
Somerset hotelier Kevin Newton buys the Georgian country house in Evershot, ending Red Carnation's first venture outside London.

Kraft Heinz coffee business sold to One Rock for $650m
Maxwell House, Gevalia and five other brands move to private equity as Kraft Heinz retreats from coffee, nearly a decade after it last expanded into the category.

Foodtastic goes hostile with C$43 bid for MTY Group
The Montreal franchisor is offering roughly C$1 billion for its larger rival, a day after MTY's board replaced its chief executive and rejected two earlier approaches.

Dine Brands adopts poison pill amid takeover interest
Applebee's and IHOP's owner moves to block Cobblers Cove and Arkhouse after reports the pair offered $39 a share for the casual-dining group.

Wendy's takeover bid: Peltz and Flynn offer $7.35 a share
Nelson Peltz and franchisee Greg Flynn offer $1.4 billion for the burger chain, as Wendy's reports its sixth straight quarter of falling sales.

Gen Korean BBQ sells 47 restaurants to Chubby Cattle Group
Gen Restaurant Group is stepping back from table service in a $100m deal, keeping three sites for training while Chubby Cattle Group takes over the rest in four phases.
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