Carrols Buys 64 Burger Kings From Heartland

It apparently looks like big Burger King franchisee Heartland Food is being broken into pieces. Carrols Restaurant Group said today that it is buying 64 units from the Illinois-based operator.

Cosi Gets Another Life Line

Cosi, the perpetually money-losing fast-casual chain, said this week that it raised $4.5 million in a stock sale, providing the company with another life line as it seeks its long-awaited turnaround.

Sandell Wins Bob Evans Seats

Shareholders at the family dining chain Bob Evans voted for at least five of Sandell Asset Management's eight nominees to the company's board, according to the activist investor. The vote would give Sandell a significant platform on the board to push major changes at the company.

El Pollo Loco Stock Gets A Dose Of Realism

Is El Pollo Loco a growth company? Some analysts think so, but others believe it's not close, and call into question the chain's skyrocketing value following its surprisingly successful IPO.

Will Sandell Get Control Of Bob Evans?

Sandell is guaranteed at least two seats following Wednesday's annual meeting. Whether it gets many more, however, will have a big bearing on whether it will be able to push forth major changes at the family dining chain.

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