FAT Brands (FAT) has acquired Global Franchise Group from Serruya Private Equity, Inc. and Lion Capital LLP for $442.5M in cash and stock
FAT Brands (NASDAQ:FAT) declares $0.13/share quarterly dividend, in line with previous.Forward yield 4.83%Payable June 21; for shareholders of record June 14; ex-div June 11.See...
FAT Brands Inc., a multi-brand franchising company, acquires, develops, and markets quick-service, fast casual, and casual dining restaurant concepts worldwide. As of March 28, 2021, it owned nine restaurant brands, including Fatburger, Johnny Rockets, Buffalo’s Cafe, Buffalo’s Express, Ponderosa Steakhouse, Bonanza Steakhouse, Hurricane Grill & Wings, Yalla Mediterranean, and Elevation Burger, as well as franchised approximately 700 locations. The company was incorporated in 2017 and is headquartered in Beverly Hills, California. FAT Brands Inc. operates as a subsidiary of Fog Cutter Holdings, LLC.