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Stock Monitor

A snapshot of 80 of the top restaurant industry stocks:

Recent Gainers:

Flanigan's Enterprises (BDL)
+14.76%
 Last: 12.75

Luby's, Inc. (LUB)
+3.12%
 Last: 7.94

Red Robin Gourmet Burgers (RRGB)
+2.65%
 Last: 50.31

Fiesta Restaurant Group (FRGI)
+2.51%
 Last: 32.63


Recent Losers:

Pizza Inn (PZZI)
-6.71%
 Last: 5.28

Noble Roman's (NROM.OB)
-4.92%
 Last: 0.58

Chanticleer Holdings (HOTR)
-3.53%
 Last: 2.38

Cosi, Inc. (COSI)
-2.29%
 Last: 2.56

View the full list here

Restaurant Finance Across America

Archived postings from February, 2010...

Alizadeh's 66 Jack-in-the Box restaurants auctioned for $39 million

Posted: Fri, February 26, 2010 at 11:03am (CST)

Abe Alizadeh\'s 66 Jack-in-the Box Restaurants were sold at auction on February 24th in Sacramento for approximately $39 million, an average of $591,000 per location. There was no real estate involved. The restaurants were located in Sacramento, Fresno, Chico and Eureka California. Alizadeh\'s companies-Kobra Associates, Sierra Valley Restaurants and Foodservice Management-filed for bankruptcy on September 18, 2009. The restaurants are now operated by a U.S. Trustee, Beverly N. McFarland. Alizadeh had been a franchisee in the Jack-in-the-Box system for over thirty years. National Franchise Sales of Irvine, California conducted the auction. ...continue reading.

Thomas H. Lee Partners to acquire CKE

Posted: Fri, February 26, 2010 at 9:23am (CST)

Thomas H. Lee Partners has entered into a merger agreement to acquire CKE for approximately $928 million, including the assumption of approximately $309 million of net debt.
CKE News Release 2-26-10

 

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