Denny's Corporation (DENN)
NASDAQ (CM) NASDAQ (CM) Primary Summary
Denny's shares jump 50% after it agrees to go private in $322M deal
Denny's board of directors has unanimously approved the deal, which is expected to close in the first quarter of 2026.
Denny's to go private in $620M cash deal, stock soars
Denny's Corp (NASDAQ: DENN) shares surged more than 50% in early trading on Tuesday after the family diner restaurant chain announced that it will be taken private for $6.25 per share in cash, representing an enterprise value of about $620 million. Denny's will be acquired by a group consisting of private equity firm TriArtisan Capital Advisors LLC, alternative asset manager Treville Capital Group, and Yadav Enterprises Inc, one of Denny's biggest franchisees.
Denny's, an ‘iconic piece of the American dream', is going private
Denny's said Monday that it's being acquired by a group of investors in a deal that will take the breakfast chain private.Denny's board unanimously approved the deal, which values Denny's at $620 million including debt. Denny's will be purchased by private equity investment company TriArtisan Capital Advisors, investment firm Treville Capital and Yadav Enterprises, which is one of Denny's largest franchisees.Under the agreement, Denny's shareholders will receive $6.25 per share in cash for each share of Denny's common stock they own, or a total of $322 million.
Denny's Corporation Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Curtis Ellergodt Rothschild Investment LLC | 320 | $1,441.22 | $2,000 | $558.78 | 38.77% |
| NA Nizar Araji National Bank Of Canada /FI/ | 6,783 | $108,528 | $42,393.75 | -$66,134.25 | -60.94% |
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Denny's Corporation Profile
| Hotels, Restaurants & Leisure Industry | Consumer Discretionary Sector | Kelli F. Valade CEO | NASDAQ (CM) Exchange | 24869P104 CUSIP |
| US Country | 3,800 Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
Denny's Corporation, with its roots tracing back to 1953, has evolved into a notable entity within the restaurant industry, primarily engaging in the ownership and operation of full-service restaurant chains. These operations extend both nationally within the United States and internationally, showcasing the brand's widespread appeal. Operating under the Denny's and Keke's Breakfast Cafe brands, the company ensures a diverse portfolio that caters to a wide demographic. Initially known as Advantica Restaurant Group, Inc., the corporation underwent a strategic rebranding to Denny's Corporation in July 2002. The headquarters of Denny's Corporation are strategically positioned in Spartanburg, South Carolina, signaling its longstanding commitment to hospitality and service since its inception.
Products and Services
- Denny's:
- Keke's Breakfast Cafe:
Under the Denny's brand, the corporation operates franchised full-service restaurants that are famous for their classic American diner fare. This includes a wide selection of breakfast, lunch, and dinner options, available 24 hours a day, 7 days a week. Denny's is renowned for its Grand Slam breakfasts, hearty lunch and dinner plates, and a welcoming atmosphere that caters to families, night owls, and everyone in between.
Keke's Breakfast Cafe operates as part of the corporation's portfolio, specializing in the breakfast and brunch segment. This brand emphasizes a more upscale dining experience focusing on high-quality, freshly prepared breakfast and lunch dishes. With a menu that boasts of an array of pancakes, omelets, and specialty items, Keke's Breakfast Cafe appeals to those seeking a refined yet comforting breakfast or lunch experience.
