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FAT Brands lands Hurricane Grill and Wings

Published 11/15/2017, 11:30 AM
© Reuters.  FAT Brands lands Hurricane Grill and Wings
FAT
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  • FAT Brands (FAT +7.4%) announces that it signed a deal to acquire Hurricane Grill & Wings for $12.5M.
  • The company says the acquisition will be funded with cash on hand and third party financing.
  • The deal is scheduled to close this year.
  • The combined company’s franchisees will operate approximately 350 restaurants around the globe, with system-wide sales exceeding $360M.
  • Source: Press Release
  • Now read: Ruby Tuesday agrees to buyout deal


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