Restaurants, Inc. announced today that it has entered into a
definitive agreement with Taxi Holdings Corp., an affiliate of Wellspring
Capital Management LLC, a private equity firm, whereby Taxi Holdings will
acquire all of Checkers' outstanding shares for $15.00 per share in cash.
Checkers Drive-In Restaurants, Inc. , the nation's largest chain of double drive- thru restaurants, today announced that it is donating more than $135,000 to the American Red Cross Hurricane Katrina relief efforts.
Checkers Drive-In Restaurants, Inc., the nation's largest chain of double drive-thru restaurants and parent company of both Checkers and Rally's concepts, today announced that Memphis-area Rally's® locations have been rebranded as Checkers® double drive-thru restaurants, driving an increase in traffic count and a lift in sales.