Core Insights - Denny's Corporation has successfully completed its acquisition by TriArtisan Capital Advisors, Treville Capital Group, and Yadav Enterprises, following stockholder approval and regulatory conditions [1][2][3] Group 1: Acquisition Details - Denny's stockholders received $6.25 per share in cash for their common stock, and the stock will cease trading on Nasdaq as of January 16, 2026 [3] - The acquisition is expected to provide Denny's with enhanced flexibility and resources to invest in its brands and support franchisees [2] Group 2: Company Overview - Denny's Corporation is one of America's largest full-service restaurant chains, with 1,537 restaurants as of September 24, 2025, of which 1,452 are franchised and licensed [5] - The Denny's brand includes 1,459 global restaurants, with 1,397 franchised and licensed, while the Keke's brand consists of 78 restaurants, with 55 franchised [6] Group 3: Leadership and Future Plans - The CEO of Denny's expressed commitment to supporting franchisees and serving guests, emphasizing the company's dedication to its brand and customers [3] - TriArtisan's co-founder highlighted their investment experience in the restaurant industry and their intention to support Denny's long-term strategic growth plans [3]
Denny's Corporation Announces Completion of Acquisition by TriArtisan Capital Advisors, Treville Capital Group and Yadav Enterprises