The Brief
Denny’s announced it will be acquired by a group of investors in a $620 million deal that will take the company private.
The buyout group includes TriArtisan Capital Advisors, Treville Capital, and Yadav Enterprises, one of Denny’s largest franchisees.
Under the agreement, shareholders will receive $6.25 per share in cash, a 52% premium over Denny’s closing stock price on Monday.
Denny's announced Monday that it is being acquired by a group of investors in a deal that will take the breakfast chain private.
By the numbers:
Denny's board unanimously approved the deal, which values Denny's at $620 million including debt. Denny's will be purchased by private equity investment company TriArtisan Capital Advisors, investment firm Treville Capital and Yadav Enterprises, which is o

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