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Fast-Food Franchisor MTY Says Considering Possible Sale
MTY Food Group explores strategic alternatives including a potential sale to enhance shareholder value amid a 20% net income decline, the company said.
- The board of MTY Food Group Inc. has launched a strategic review to evaluate potential strategic alternatives to enhance shareholder value.
- MTY Food Group Inc. has over 80 brands and more than 7,000 locations globally, with its shares closing up 13.5% at $38.27 on the day.
- MTY's CEO Eric Lefebvre said the company is hungry for acquisitions but has not found the right deals yet.
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13 Articles
13 Articles
Winnipeg Free Press+5 Reposted by 5 other sources
Fast-food franchisor MTY says it's considering possible sale
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
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The MTY Group confirmed a strategic review after its action jumped by 14% during the first session of the week against the background of speculation surrounding a possible sale of Montreal's fast-food and full-service brands.
·Montreal, Canada
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Total News Sources13
Leaning Left4Leaning Right1Center5Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 40%
C 50%
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