The $620m deal follows sluggish sales for the traditional diner operator, which has faced lower footfall and store closures amid changing consumer habits
The owner of the Denny’s diner and Keke’s Breakfast Cafe chains in the US has been acquired by a trio of investors for $620m.
Unlock Allegra intelligence for just £1
£1 for 4 weeks
Then £29 per month. Cancel anytime.What you get:
Daily Coffee 24/7 briefing in your inbox
Weekly Coffee Dose intelligence newsletters
Unrestricted WorldCoffeePortal.com access
5THWAVE Digital Magazine (6 issues/year)
Allegra analyst forecasts & market insights
Already have an account? Sign In