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News  ›  Benzinga

Denny's Corporation to be Acquired by TriArtisan Capital Advisors, Treville Capital Group and Yadav Enterprises in $620 Million Transaction

Benzinga Logo Benzinga By Globe Newswire
Denny's Corporation to be Acquired by TriArtisan Capital Advisors, Treville Capital Group and Yadav Enterprises in $620 Million Transaction

Denny's Corporation announced an all-cash acquisition by TriArtisan Capital Advisors, Treville Capital Group, and Yadav Enterprises for $620 million, offering stockholders $6.25 per share, representing a 52.1% premium to its recent stock price.

Insights
DENN   positive

Company will receive significant premium and cash value for stockholders, with leadership supportive of the transaction