Post AzuHT7a3YDJeur3Dfc by harvhat@noauthority.social
(DIR) More posts by harvhat@noauthority.social
(DIR) Post #Azu6J1PmWMj5OyE7Fo by professortom@noauthority.social
2025-11-04T13:55:26Z
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WSJ says Denny's is being taken private in a $322 million deal, but Reuters is reporting that it's a $620 million dealhttps://www.wsj.com/finance/investing/dennys-to-go-private-in-322-million-deal-dd0eb98f?mod=WTRN_pos1https://www.reuters.com/business/restaurant-chain-dennys-be-taken-private-620-million-deal-2025-11-03/Which is it?
(DIR) Post #Azu6fJEYx0ud2NbfdY by greenzeta@noauthority.social
2025-11-04T13:59:27Z
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@professortom Either way, it's a grand slam.
(DIR) Post #Azu6jzxc2JGEi4uk7M by professortom@noauthority.social
2025-11-04T14:00:18Z
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@greenzeta
(DIR) Post #Azu8OHjNUABDMT1vQ8 by restful@noauthority.social
2025-11-04T14:18:47Z
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@professortom It's probably a deal designed so that no one will understand the terms.
(DIR) Post #AzuHT7a3YDJeur3Dfc by harvhat@noauthority.social
2025-11-04T16:00:30Z
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@professortom I dunno but Denny's themselves is saying the 620 number.https://investor.dennys.com/news/news-details/2025/Dennys-Corporation-to-be-Acquired-by-TriArtisan-Capital-Advisors-Treville-Capital-Group-and-Yadav-Enterprises-in-620-Million-Transaction/default.aspx
(DIR) Post #AzuHYdM2qLJouR7rJQ by professortom@noauthority.social
2025-11-04T16:01:30Z
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@harvhat I did see that the Reuter's article said there was debt involved, so maybe the WSJ was quoting the number minus debt
(DIR) Post #AzuHkhcYo4yhcGbbu4 by harvhat@noauthority.social
2025-11-04T16:03:41Z
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@professortom I didn't read much of the WSJ article (because of the paywall hoops) but you're probably right.
(DIR) Post #AzuIWvsZ6ANzjl5bxw by harvhat@noauthority.social
2025-11-04T16:07:21Z
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@professortom > The deal, which was unanimously approved the company's board, values the chain at $620 million including debt. ....> 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.Yep looks like the 322 million part is just the cash part.https://www.cbsnews.com/news/dennys-620-million-deal-private-investors-triartisan-treville-yadav/
(DIR) Post #B0DXl9j9jyDJUd2jlA by nom@mk.spook.social
2025-11-13T19:33:24.225Z
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@harvhat@noauthority.social @professortom@noauthority.social Higher number would be a Grand Slam!
(DIR) Post #B0DXlB0YyjjRSuC9Wy by professortom@noauthority.social
2025-11-13T23:02:32Z
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@harvhat @nom