Sometimes, parting ways can be advantageous.
In May 2012, Fiesta Restaurant Group, owner of fast-casual brands Pollo Tropical and Taco Cabana, split from Carrols Restaurant Group, the nation’s largest Burger King franchisee. Fortunately, there were no hard feelings.
“Originally, the idea was that the three companies would be worth more separate than they were together,” says Fiesta Restaurant Group CEO Tim Taft. “Since then, that thesis has been proven correct in light of the stock performance of both companies.”