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July Happenings and Darden’s ‘Texas-Sized’ Acquisition

This month, the restaurant industry is buzzing with major news: Sonic has permanently launched a $1.99 value menu, Elite Restaurant Group acquired 100% of Mod Pizza, Perkins launched the Great American Trio, offering three breakfast meals priced at $5, $6, and $7, and Swahili Village in Washington, DC settled a wage theft lawsuit. The big story? Darden’s ‘Texas-Sized’ Acquisition.

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© Copyright 2024. The views expressed herein are those of the author(s) and not necessarily the views of Ankura Consulting Group, LLC., its management, its subsidiaries, its affiliates, or its other professionals. Ankura is not a law firm and cannot provide legal advice.

Tags

report, f-strategy, finance, retail, office of the cfo

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