Denny's shares jump 50% after it agrees to go private in $322M deal
Denny’s(US:DENN) New York Post·2025-11-05 03:17Shares in Denny’s jumped 50% Tuesday after the 71-year-old diner chain — long known for its “Grand Slam” breakfasts and 24/7 service — agreed to go private in a $322 million deal.The deal is being led by TriArtisan Capital Advisors, a New York-based private equity firm that also owns Chinese food chain PF Chang’s, the parent company of Hooters and burger place TGI Fridays.Investment firm Treville Capital Group and Yadav Enterprises, one of Denny’s largest franchisees, are working with TriArtisan to buy out ...