Announced
Completed
Synopsis
Denny’s Corporation, a franchisor and operator of one of America's largest franchised full-service restaurant chains, completed the acquisition of Keke’s Breakfast, a restaurant operator, from K2 Restaurants, a restaurant company. Financial terms were not disclosed. “We are excited to officially welcome the Keke’s Breakfast Café team and franchisees to the Denny’s family. The A.M. Eatery segment is fast-growing and Keke’s is a brand with attractive unit economics and strong potential. This acquisition provides an exciting expansion opportunity through a complementary concept that serves a different guest and can enhance value for our shareholders,” Kelli Valade, Denny’s Chief Executive Officer and President
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