Tag Archive | NYSE Amex: FRS

Frisch’s Announces Closing of the Sale of Its Golden Corral Business

Frisch’s Restaurants, Inc. (NYSE MKT: FRS) today announced the closing of the previously announced sale of all of its Golden Corral operations and real estate consisting of 29 restaurants in Ohio, Indiana, Kentucky, West Virginia and Pennsylvania to Golden Corral Corporation.  The purchase price for the sale is $49.8 million, before […]

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Golden Corral adding 29 outlets

Golden Corral is buying 29 restaurants in five states from a franchisee that had planned to sell them to an Atlanta restaurant company. The Raleigh-based restaurant chain is exercising its right of first refusal to buy the outlets in Ohio, Indiana, Kentucky, West Virginia and Pennsylvania from Frisch’s Restaurants, a […]

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Frisch’s Announces Golden Corral Franchising’s Exercise of Its Right of First Refusal to Purchase Golden Corral Units

Frisch’s Restaurants, Inc. (NYSE Amex: FRS) today announced that Golden Corral Franchising Systems, Inc. has exercised its right of first refusal to purchase substantially all of Frisch’s Golden Corral operations and real estate, consisting of restaurants in Ohio, Indiana, Kentucky, West Virginia and Pennsylvania, upon the same terms of the […]

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Why Golden Corral didn’t work for Frisch’s

Monday’s announcement that Frisch’s Restaurants Inc. will sell off 29 remaining Golden Corral buffet eateries marks the end of a painful chapter where the landmark local chain attempted to branch out into a new concept. Frisch’s opened its first Golden Corral in 1999 hoping to grow overall sales. But after […]

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Frisch’s Restaurants, Inc. Declares its 205th Consecutive Quarterly Dividend

Frisch’s Restaurants, Inc. (NYSE Amex: FRS), announced today that the Board of Directors declared a $0.16 per share quarterly dividend payable April 10, 2012 to shareholders of record at the close of business on March 27, 2012. This represents the 205th consecutive quarterly dividend paid by Frisch’s. The Company has […]

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Frisch’s Announces Agreement to Sell Its Golden Corral Business Segment

Frisch’s Restaurants, Inc. (NYSE Amex: FRS) today announced that it has entered into an asset purchase agreement with NRD Holdings, LLC (NRD) for the sale of substantially all of its Golden Corral operations and real estate consisting of  restaurants in Ohio, Indiana, Kentucky, West Virginia and Pennsylvania.  Terms of the […]

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