In a shocker of a deal, all 1,300-plus Denny's locations have been sold, as the company's entire portfolio has just been liquidated to private equity firms.

Why Did Denny's Get Sold?

It's not a secret that Denny's has been struggling over the past few years. They have had to shutter locations constantly, and the outlook has been grim.

According to The Takeout , all 1,341 Denny's locations have now been sold, and the entire company is now private.

The firms that purchased Denny's are Treville Capital, TriArtisan Capital Advisors and Yadav Enterprises, in a deal worth a reported $620 million.

This move could signal that a major upswing is on the horizon for America's diner. Instead of shutting them all down and cutting their losses, the private purchase is going to lead to about 5

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