Denny’s Is Being Taken Private and Pizza Hut May Be for Sale | News Channel 3-12

IHOP Raises Menu Prices by 82% as Breakfast Chains Struggle to Keep Customers – Knowhere News

Chicago, IL — Once considered America’s favorite morning meal, breakfast is quickly becoming a luxury for many households. With rising food prices and declining restaurant traffic, even classic breakfast chains like IHOP, Denny’s, and Cracker Barrel are feeling the financial strain. According to new data from the U.S. Bureau of Labor Statistics, prices for food at home climbed 2.6%, while food away from home jumped 3.7% in the 12 months ending S…

Denny’s to be acquired for $620 million in grand slam of a deal

Restaurant chain Denny’s announced on Nov. 3 it would be acquired by a group comprising TGI Fridays-owner TriArtisan Capital Advisors in a $620 million deal,...

Iconic restaurant chain to be acquired by investors in major $620M deal

SPARTANBURG, South Carolina — Denny’s′ parent company, Denny’s Corporation, announced Monday that it has entered into a definitive agreement to be acquired by a consortium of investors in a deal valued at approximately $620 million, which will take the company private, the Associated Press is reporting.

Denny's to go private in $620 million investor deal

Denny's announced it is being acquired by a group of investors in a deal valued at $620 million, which includes debt. This acquisition will take the well-known diner chain private.

Breakfast diner Denny’s is sold for $620 million and will be privately owned

If Denny’s shareholders approve, the deal is expected to close in early next year

Denny’s to go private in $620M deal that gives shareholders cash payouts

The Spartanburg, SC-based Denny’s Corporation has sold to a trio of private investment groups for $620 million. Stockholders will receive $6.25 per share.