Finance / Investment News
Jack in the Box refranchises 42 restaurants
November 28, 2012
Jack in the Box Inc. disclosed the details of two refranchising transactions that were included in the company's fourth quarter operating results, announced on…
read nowPopeyes completes acquisition of 27 restaurants
November 19, 2012
AFC Enterprises Inc. announced the completion of its planned $13.8 million acquisition of 27 restaurants in Minnesota and California.
read nowJPMorgan Chase CEO joins Yum! Brands' board
November 19, 2012
Yum! Brands Inc. has announced the appointment of Michael J. Cavanagh, 46, to its board of directors. Cavanagh is the co-chief executive officer of JPMorgan…
read nowGE Capital launches restaurant finance Web tool
November 14, 2012
GE Capital, Franchise Finance (GEFF) is rolling out a new Web tool, GE SmartChart, to its customers across the U.S. The tool was introduced at this week's…
read nowDunkin's chief global strategy officer steps down after six months
November 14, 2012
Neil Moses, chief global strategy officer of Dunkin' Brands Group Inc., has announced that he is stepping down, according to the Boston Herald. He will serve…
read nowJack in the Box completes bank debt refinancing
November 9, 2012
Jack in the Box Inc. announced the completion of a new five-year $600 million senior credit facility, comprised of a $400 million revolving credit facility and…
read nowFranchisee acquires 120 KFCs from Yum! Brands
November 7, 2012
Dallas-based Mitra QSR KNE LLC and its capital partner, Chalak Growth Capital Fund LLC, recently closed on a large acquisition of KFC/Taco Bell units in the…
read nowDespite softer September sales, restaurant operators more optimistic
October 31, 2012
As a result of softer same-store sales and customer traffic levels, the National Restaurant Association's Restaurant Performance Index (RPI) declined in…
read nowVilla Enterprises secures $15M to fund acquisitions
October 24, 2012
Villa Enterprises Management Ltd. Inc. announced that it closed a seven-year, $15 million credit facility with Capital One Bank.
read nowBojangles' secures $200M for expansion efforts
October 24, 2012
Bojangles' Restaurants Inc. announced a refinancing of its $200 million senior debt facility, which is expected to significantly lower its borrowing costs.
read nowWendy's franchisee receives $16M for leaseback
October 9, 2012
GE Capital, Franchise Finance recently provided $16.1 million to WendPartners, a Wendy's franchisee. The facility is being used for the sale-leaseback of nine…
read nowRestaurant traffic, sales up for 15th consecutive month
October 1, 2012
Buoyed by stronger same-store sales and customer traffic levels, the National Restaurant Association's Restaurant Performance Index (RPI) posted a modest gain…
read nowTaco Bell franchisee acquires 25 restaurants
September 25, 2012
Arkansas-based K-MAC Holdings Corp. announced it has acquired No Limits LLC, a Missouri-based Taco Bell franchisee that owns and operates 25 Taco Bell…
read nowGood Times expands breakfast menu test
September 25, 2012
Good Times Restaurants Inc. has announced a limited-time menu of Hatch Valley New Mexico green Chile items and an expanded test of its Hatch Valley breakfast…
read nowYum! Brands increases dividend by 18 percent
September 21, 2012
Yum! Brands Inc.'s board of directors approved an 18-percent increase in the company's quarterly dividend. The quarterly cash dividend will increase from 28.…
read nowMcDonald's lifts dividend by 10 percent
September 21, 2012
On Thursday, McDonald's board of directors declared a quarterly cash dividend of 77 cents per share of common stock payable on Dec. 17, 2012, to shareholders…
read nowReport: Chain restaurants growing through franchising
September 17, 2012
A new report by Technomic and Restaurant Finance Monitor finds that the franchising of restaurant brands continues to be a major growth avenue pursued by…
read nowRestaurant operator optimism slips
August 31, 2012
As a result of softer customer traffic and a dampened outlook among restaurant operators, the National Restaurant Association's Restaurant Performance Index…
read nowCheckers, Rally's up for sale by private equity owner
August 30, 2012
Tampa, Fla.-based Checkers Drive-In Restaurants Inc. could be up for sale by owner and private equity company Wellspring Capital Management. According to…
read nowSonic enters $40M stock repurchase program
August 17, 2012
Sonic Corp. announced that its board of directors authorized a stock repurchase program for up to $40 million worth of common stock through Aug. 31, 2013.
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