Tag Archive | Nasdaq: TAST

Carrols Restaurant Group, Inc. Signs Agreements to Purchase 64 Burger King Restaurants in Tennessee, Indiana and Illinois

Carrols Restaurant Group, Inc. Signs Agreements to Purchase 64 Burger King Restaurants in Tennessee, Indiana and Illinois

Carrols Restaurant Group, Inc. (Nasdaq:TAST) has signed definitive agreements to purchase 64 Burger King restaurants from certain subsidiaries of Heartland Food LLC for a total cash purchase price of approximately $18.0 million excluding inventory. The restaurants to be acquired are located in or around the following markets: Nashville, TN (27 […]

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Carrols Restaurant Group, Inc. Settles Longstanding Litigation With EEOC

Carrols Restaurant Group, Inc. (Nasdaq: TAST) today announced that its wholly-owned subsidiary, Carrols Corporation (“Carrols”), has entered into an agreement with the Equal Employment Opportunity Commission (“EEOC”) resolving longstanding litigation originally commenced by the EEOC in 1998. The case, alleged that Carrols had subjected female employees working at its locations […]

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Carrols Restaurant Group, Inc. Completes Acquisition of 278 Burger King Restaurants from Burger King Corporation

Carrols Restaurant Group, Inc. (“Carrols”) (Nasdaq: TAST) today announced that it has completed the acquisition of 278 BURGER KING® restaurants from Burger King Corporation (“BKC”). The acquired restaurants are located in the Ohio, Indiana, Kentucky, Pennsylvania, North Carolina, South Carolina and Virginia markets. Carrols, which operates 574 BURGER KING®restaurants following […]

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Carrols Restaurant Group, Inc. Completes Refinancing

Carrols Restaurant Group, Inc. (NASDAQ: TAST) announced today that it closed its previously announced offering of $150 million of 11.25% senior secured second lien notes due 2018 (the “Notes”). The Notes are senior secured obligations of Carrols Restaurant Group and are guaranteed by its material subsidiaries. Concurrently with the closing […]

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Fiesta Restaurant Group, Inc. Names John Todd Chief Development Officer

Fiesta Restaurant Group, Inc. (NASDAQ:FRGI) the parent-owner of the Pollo Tropical and Taco Cabana brands, has named industry veteran John Todd as its Chief Development Officer. Todd, who will report to Fiesta Restaurant CEO Tim Taft, will be responsible for all facets of Fiesta’s real estate and development, including site […]

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Carrols Restaurant Group, Inc. Board Gives Final Approval to Spin-Off of Fiesta Restaurant Group, Inc.

Carrols Restaurant Group, Inc. (Nasdaq: TAST or “Carrols”) today announced that its Board of Directors has given final approval to the spin-off of Fiesta Restaurant Group, Inc. (“Fiesta”), an indirect wholly-owned subsidiary that operates the Pollo Tropical and Taco Cabanarestaurant businesses. The spin-off will be completed through a tax-free dividend […]

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Carrols Restaurant Group to Acquire 278 BURGER KING Restaurants in U.S.

Burger King Corp. (“BKC”) and Carrols Restaurant Group, Inc. (“Carrols”) (Nasdaq: TAST) today announced that they have entered into an asset purchase agreement for the purchase by Carrols (through its operating subsidiary Carrols LLC) of 278 BKC company-owned restaurants in the Ohio, Indiana, Kentucky, Pennsylvania, North Carolina, South Carolina and […]

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