Restaurant chain Denny's to be taken private in $620 million deal

Core Viewpoint - Restaurant chain Denny's is set to be acquired by a group led by TriArtisan Capital Advisors, the owner of TGI Fridays, in a deal valued at $620 million, which includes debt [1] Company Summary - The acquisition of Denny's by TriArtisan Capital Advisors signifies a strategic move in the restaurant industry, potentially reshaping the competitive landscape [1] - The deal highlights the ongoing trend of consolidation within the restaurant sector, as companies seek to enhance their market presence and operational efficiencies [1] Financial Summary - The total value of the acquisition is $620 million, which encompasses both equity and debt components [1]