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  • Almost 20 years after the company's founding, the 63-year-old founder of Back Yard Burgers is planning to step aside from day-to-day operations in his current role as chairman and CEO.
    Shares of Canadian coffee and doughnut chain Tim Hortons Inc. soared Friday in their trading debut on the New York Stock Exchange, the Associated Press reports.
    The Arby's fast food chain has followed McDonald's lead and started offering premium coffee made by a Denver company owned by the rock band Opie Gone Bad's lead singer, Jake Schroeder, The Denver Business Journal reports.
    Yum Brands Inc., whose corporate debt climbed out of junk status two years ago, on Thursday was put into position for another upgrade by a major rating agency, the Associated Press reports.
    Taco Del Mar said it's signed a deal with Ranbir Singh of Kirpal Group to sell franchises and develop up to 40 franchises in San Bernardino and Riverside counties in Southern California, the Puget Sound Business Journal reported yesterday.
    Good Times Restaurants Inc. announces the launch of their new website as a part of a marketing strategy enabling them to better reach their core audience.
    Sailormen, Inc., the largest domestic franchisee of Popeyes Chicken & Biscuits locations, has officially raised over $1 million for the Muscular Dystrophy Association in the past four years through the annual "Appetite for the Cure" coupon card promotion fundraiser and the annual Sailormen Golf Classic.
    Quiznos and JPMorgan Partners, a private equity affiliate of JPMorgan Chase & Co., announced today that they have entered into a definitive agreement under which JPMorgan Partners will become a significant ownership partner in Quiznos. Specific terms of the transaction were not disclosed.
    Cereality Cereal Bar & Cafe today announced that it has filed a federal lawsuit in United States District Court, Southern District of Ohio-Eastern Division against Cereals, LLC, doing business as "Cerealicious."
    The Yum! Brands, Inc. board of directors authorized the repurchase of up to an additional $500 million of the company's outstanding common stock under the company's share-repurchase program over a period of up to 12 months.