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The Independent UK
The Independent UK
National
Dee-Ann Durbin

Denny's to be acquired and taken private in a deal valued at $620 million

Denny Kelli Valade
Denny's Investor Deal - (Copyright 2020 The Associated Press. All rights reserved)

Denny's said Monday that it's being acquired by a group on 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.

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