Reported about 8 hours ago
Denny's has announced its acquisition by a group of investors including TriArtisan Capital Advisors and Treville Capital, in a deal valued at $620 million. Shareholders will receive $6.25 per share, representing a 52% premium. The deal comes as Denny's seeks a path forward after struggling with sales during the COVID pandemic and changing dining trends. The transaction is expected to close in early 2026, pending shareholder approval.
Source: YAHOO