Top Finance News

Authentic Restaurant Brands Completes Acquisition of Pollo Tropical

Authentic Restaurant Brands (“ARB”), a portfolio company of Garnett Station Partners, LLC (“Garnett Station” or “GSP”), a New York-based principal investment firm, today announced the completion of its previously announced acquisition of Fiesta Restaurant Group, Inc. (“Fiesta” or the “Company”) (NASDAQ: FRGI), parent company of the Pollo Tropical restaurant brand. “Our distinct vision for Pollo Tropical […]

Sysco to Acquire Edward Don & Company

Edward Don & Company (“DON”), a leading distributor of foodservice equipment and supplies since 1921, announced today that it has entered into an agreement to be acquired by Sysco Corporation. This partnership  will allow DON to enhance its product offerings, expand strategic capabilities and  provide even greater value to our customers while creating new and […]

Wingstop Announces $125 Million Share Repurchase Agreement

Wingstop announced that it has entered into an accelerated share repurchase agreement (“ASR”) with Morgan Stanley & Co. LLC to repurchase $125.0 million of Wingstop common stock. The ASR was entered into under Wingstop’s previously announced $250.0 million share repurchase program. After completion of the ASR, $125.0 million will remain available under Wingstop’s share repurchase […]

Cousins Subs Diversifies its Customer Payment Options

Cousins Subs announced the launch of its new SMS program, addition of Apple and Google Pay and split payments, aimed at enhancing the guest experience and providing greater convenience. The SMS program offers sub enthusiasts exclusive offers and the latest updates on new menu items, promotions and events. By opting into the program, guests receive […]

Wingstop Announces New Share Repurchase Program

Wingstop Inc. announced that its board of directors approved a new share repurchase program with authorization to purchase up to $250.0 million of its outstanding shares of common stock, effective immediately. “Since our IPO, total shareholder returns have exceeded 850%, demonstrating our commitment to returning capital to shareholders,” comments Alex Kaleida, Chief Financial Officer. “We […]