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Log In / Register | Aug 20, 2017
News about company buy outs and mergers

CEO Explains Purchase of 40% of Smashburger by Asia-Based Company

Jollibee fast food. photo by Pualani
Jollibee in Iwilei area of Honolulu, Hawaii. Photo by Pualani Jensen.

It is not often that we in the U.S. hear about a Filipino company buying a large chunk of an American company. Manila-based Jollibee Food Corporations, a fast-growing owner of Asian restaurant chains, and the buyer of 40 percent of Smashburger, is paying a cool $100 million for its stake.

Warren Buffett Copying 'Subway-Type' Sandwiches in His DQ Brand

Some insiders are questioning if legendary investor and billionaire Warren Buffet has copied Subway's oven-toasted sandwiches in launching his Dairy Queen brand's latest national advertising campaign. The new ads are scheduled for September.

Burger King Franchisee Buys 60 Restaurants in Michigan

ATLANTA—Burger King franchise owner GPS Hospitality announced on Tuesday that it has purchased 60 Burger King branded restaurants from Team Schostak Family Restaurants for an undisclosed amount. The acquired quick service restaurants stretch from Detroit to Ann Arbor of Michigan's Lower Peninsula.

Dwyer Buys Service Brands

Molly Maid
MollyMaid bought by Dwyer. Photo by Tommaync

WACO, Texas—Dwyer Group Inc. announced Monday that it has acquired Service Brands International for an undisclosed amount. With the acquisition, Dwyer Group, franchisor of eleven trade service chains, adds three more.

Crippled Kahala Buys Troubled Tasti D-Lite

Tasti D-Lite signSCOTTSDALE, Ariz. – Fast food franchising conglomerate Kahala Brands of Scottsdale, Arizona announced that it has bought Brentwood, Tennessee-based franchising firm Tasti D-Lite.