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[ILLUSTRATION OMITTED] DUBLIN, OHIO -- The pending acquisition of Wendy's International Inc. by Arby's parent Triarc Cos. could be just what the beleaguered No. 3 burger chain needs to regain [...]

[ILLUSTRATION OMITTED] COLUMBUS, OHIO -- Chain veteran Joe Drury, while eyeing a role in acquiring Wendy's following his successful tenure growing Bojangles', has pledged to give a downsized Donatos Pizza [...]

MELVILLE, N.Y. -- The acquisition late last month of Sbarro Inc. by MidOcean Partners, a London-and New York-based private-equity firm, is expected to accelerate the growth of the 1,000-unit Italian [...]

DUBLIN, OHIO -- Wendy's International Inc. is expected to fully spin off its lucrative doughnut chain, Tim Hortons, on Sept. 29, ending a bitter struggle between the restaurant company and [...]

The emergence of two Burger King co-owners in the bidding for Dunkin' Donuts grabbed headlines from Wall Street to Montgomery Street, but keen observers of the restaurant finance scene were [...]

Warren Buffett's Berkshire Hathaway Inc. will acquire International Dairy Queen Inc. (IDQ) for $585 million. IDQ earned $34.45 million in profits in 1996 and has posted record earnings each year for the past 23 years. Shareholders will receive either $27 in cash or $26 of Berkshire stock for each share of IDQ stock. The acquisition is expected to close by Jan 1998., OMAHA, Neb.--With one share of his stock, Warren Buffett could buy about 50,000 Dilly Bars. Instead, the renowned billionaire investor will shell out $585 million for the entire Dairy Queen [...]

STERLING, MICH. -- Sandwich operator Tubby's Inc.'s shareholders approved the merger of the company with the privately held R Corp., whose shareholders include the current members of Tubby's management. Tubby's [...]

LONGVIEW, TEXAS - Restaurant Teams International Inc. signed an agreement to acquire the Fatburger hamburger chain from FB Holding Corp. The Fatburger chain consists of 13 company-owned units and 21 [...]

ANAHEIM, CALIF. -- CKE Restaurants Inc., stepping up previously announced plans to divest 350 company-owned Carl's Jr. and Hardee's units, said it now expects to have at least 715 units [...]

TORONTO -- The new owner of Scott's Restaurants Inc., SR Acquisition Corp., purchased a 'platform for growth' in Canada's quick-service restaurant and highway hospitality businesses, according to Scott's former president [...]

MILWAUKEE -- Franchisee QSR Inc. terminated its agreement to purchase 29 of The Marcus Corp.'s franchised KFC and co-branded KFC/Taco Bell units. QSR would not comment. Marcus, based here, said [...]

TORONTO -- SR Acquisition Corp., a privately held Ontario corporation, will acquire Scott's Restaurants Inc., based here. Terms were not disclosed. Scott's Restaurants operates 338 KFC units and 17 'highway [...]

The king is dead; long live the new king. Though we're not really talking about royalty here in Milwaukee, the same theory applies. The Marcus Corp. of Milwaukee is selling [...]

PARSIPPANY, N.J. -- Quick-serve titan Tricon Global Restaurants sold 80 Pizza Huts in the New York Metropolitan area to ADF Cos., a 2-year-old Taco Bell and KFC franchise group led [...]

ATLANTA -- Wrapsters Inc. signed a letter of intent to acquire the 31-unit 1 Potato 2 quick-service chain. Terms of the deal were not disclosed. The Minneapolis-based chain sells potato-based [...]

BEACHWOOD, OHIO -- Morgan's Foods Inc. completed the acquisition of 42 KFC restaurants, one nonoperating KFC property and 12 Taco Bell units for $33,740,000. Twelve of the units are co-branded [...]

BUENA PARK, CALIF. - With about $2 million in hand from another deal, Alex Meruelo, president of the 55-unit La Pizza Loca chain, reportedly has bid to purchase El Pollo [...]

BEACHWOOD, OHIO - Morgan's Foods Inc., operator of 48 KFC units and East Side Mario's restaurants, signed agreements with KFC Corp. and Taco Bell Corp. to acquire 55 restaurants in [...]

STERLING HEIGHTS, MICH. -- Sandwich operator Tubby's Inc. said Popeyes' franchisee Interfoods of America Inc. decided not to proceed with the companies' planned merger. In response, Tubby's said it plans [...]

OAK BROOK, ILL. -- Following several years of largely unsuccessful tests to sell pizza in its U.S. units, McDonald's Corp. still is looking to grab a piece of the pie, [...]

When Wendy's International Inc. appointed its chief financial officer Kerrii Anderson to the chief executive post in 2006, the rise of a numbers guru with no restaurant operations experience appeared [...]

DUBLIN, OHIO -- A year after a special board committee began weighing a possible sale of the company, Wendy's International has rejected a merger with Arby's or a newly proposed [...]

Amid all the negative economic news--and there is a lot of it -some restaurant brands have been able to beat the odds, weathering the dramatic drop in consumer spending that [...]

[ILLUSTRATION OMITTED] DUBLIN, OHIO -- After months of uncertainty and franchisee unrest over the future direction and ownership of Wendy's International Inc., the emergence of two potential bidders to join [...]

HOUSTON -- Acclaimed chef Robert Del Grande, business leader Lonnie Schiller and their longtime financial ally Redstone Capital Partners, after regaining control of the seminal fast-casual chain Cafe Express, appear [...]

DUBLIN, OHIO -- At a price deemed 'paltry' by one analyst, Wendy's International Inc. is set to unload by year-end its struggling Baja Fresh Mexican Grill chain for $31 million [...]

Oak brook, ill. -- McDonald's Corp.'s chief executive Jim Skinner, seeking to dispel speculation from recent investor pressure, insisted in a letter sent to franchisees, corporate employees and the media [...]

IRVINE, CALIF. -- On the cusp of what El Pollo Loco officials envision as a new era of growth, American Securities Capital Partners LP has agreed to sell the 328-unit [...]

DUBLIN, OHIO -- Wendy's International, appearing to capitulate to demands from a large investor seeking higher share value, disclosed plans to sell a minority stake in the company's lucrative Tim [...]

CANTON, MASS. -- Operators of Dunkin' Donuts, Baskin-Robbins and Togo's are anticipating a change in brand ownership following the disclosure by the intended buyer of British parent Allied Domecq PLC [...]

DUBLIN, OHIO -- Wendy's International is facing growing pressure either to reconsider a spinoff of its highly profitable Tim Hortons doughnut chain or to restructure operations after two hedge funds [...]

Cafe Express, the 18-unit chain in which Wendy's International increased its equity stake in February from 45 percent to 70 percent, was a pioneer in the expanding fast-casual segment. Founded [...]

If the acquisition of Baja Fresh Mexican Grill by Wendy's International was a marriage made in heaven, as Wendy's suggested before the 2002 buyout, the long-term success of the union [...]

CORPUS CHRISTI, TEXAS -- Whataburger Inc.'s recent acquisition of 92 burger restaurants from its largest franchisee fits into a corporate strategy of strengthening the Texas-focused brand and doesn't alter its [...]

SCOTTSDALE, ARIZ. -- Multichain franchisor Kahala Corp., based here, and the Mexican quick-service chain Taco Time intend to gain real-estate and brand diversity through their merger, which was slated to [...]

NEWPORT BEACH, CALIF. -- If Jack, the protagonist in a 1982 John Mellencamp song, were 'sucking on a chili dog outside the Tastee-Freez' today, that hot dog probably would be [...]

OAK BROOK, ILL. -- As rumors buzzed that McDonald's Corp. was exploring the sale of its nonburger chains and eyeing more corporate layoffs, the embattled fast-food giant also kicked off [...]

TAMPA, FLA. -- Private equity firm Sentinel Capital Partners has agreed to acquire Checkers Drive-In Restaurants Inc. from Wellspring Capital Management LLC. A spokeswoman for the operator of the 800-unit [...]

NEW YORK -- Arby's franchisor Triarc Cos. Inc., which received bankruptcy court approval to buy Sybra Inc., the second-largest Arby's franchisee, is expected to refranchise branches of the 239-unit group [...]

OAK BROOK, ILL.--McDonald's Corp., which sustained a 0.6-percent decline in U.S. same-store sales for October during its national promotion of two $1 sandwiches, plans to eliminate 600 corporate jobs, close [...]

NEW YORK -- SYBRA Inc., which uses a backward spelling for Arby's as its name, doesn't know whether it is going or coming or possibly staying just where it is. [...]

LOUISVILLE, KY. -- Fast-food giant Tricon Global Restaurants, advancing its strategy of installing multiple brands at most of its 19,500 domestic KFC, Pizza Hut and Taco Bell units and at [...]

ATLANTA -- An affiliate of Roark Capital Group has agreed to acquire a majority stake in Carl's Jr. and Hardee's parent CKE Restaurants Inc., and members of the burger chains' [...]

ST. LOUIS -- After cutting its price 10%, to $450 million, Ralston Purina has finally quit food sservice by selling its San Diego-based Foodmaker subsidiary, operator of Jack in the [...]

Mario Sbarro, CEO of the Sbarro restaurant chain, has offered $28.50 per share to acquire Sbarro Inc. The offer totals $380 million for the 13.3 million shares currently on the public market. The Sbarro family owns approximately 35% of the company. Sbarro stock traded between $26 to $29 per share throughout most of 1997., COMMACK, N.Y. -- The family that built a national restaurant empire feeding shoppers is doing some bargain-hunting of its, own. Mario Sbarro, the head of the Sbarro cafeteria-style pizza-and-pasta chain, [...]

The Advantica Restaurant Group will sell its 557-unit Hardee's franchise to CKE Restaurants Inc. The $415 million transaction will put almost half of the Hardee's chain under CKE control. Advantica, having completed a Chapter 11 bankruptcy reorganization, will redirect its focus on family dining., SPARTANBURG, S.C. -- In the first major move after a Chapter 11 bankruptcy reorganization, Advantica Restaurant Group -- the former Flagstar Corp. and the largest franchisee in the Hardee's chain [...]

DALLAS -- With an equity boost from a major lender, Mark Parmerlee, president of Golden Franchising Corp., operator and franchisor of the 86-unit Golden Fried Chicken chain, has bought the [...]

ANAHEIM, Calif -- Acquisition-hot CKE Restaurants Inc., which recently bought the Hardee's concept from Toronto-based Imasco Ltd. for $327 million, is gearing up for a possible acquisition of the franchise [...]

WATERTOWN, N.Y. -- Following several acquisitions this year, including the recent purchase of the 75-unit Mountain Mike's Pizza, Jreck Subs Group Inc. is attempting to arm itself with enough ammunition [...]