Business US

Denny’s Agrees To Go Private, Shares Rocket 50%

No frills eatery Denny’s (DENN) said late Monday it had agreed to be taken private by a group of investment firms in a deal valuing the company at $620 million. Three groups joined forces to purchase the classic American diner chain, founded in Lakewood, Calif., in 1954. TriArtisan Capital Advisors is an established New York-based private equity investment firm and…

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button