Krystal Co. looking for buyer
August 2, 2006
CHATTANOOGA, Tenn. — The Krystal Co., the oldest fast-food chain in the South and the second oldest in the U.S., is trying to find a buyer for the restaurant company.
Chattanooga-based Krystal has hired Credit-Suisse First Boston Group to help market the 74-year-old privately held company to potential buyers, officials said Tuesday.
Company spokesman Brian Cooley said in a statement Krystal "is currently providing information" to interested parties.
"We are still in the preliminary stages of the process and cannot comment further at this time," he said.
