finance

6 things you likely didn’t know about The Habit & its IPO

The Habit Restaurants Inc., operator of the 98-unit The Habit Burger Grill fast-casual chain, filed SEC documents this week for its initial, $86.3-million public offering.

Biglari Holdings: 2015 annual meeting notes

After winning a proxy battle, CEO Sardar Biglari cited “idiots” on Wall Street, expressed his frustration that shareholders don’t read his letters and noted that the battle cost the Steak ‘n Shake parent about $2 million.

Just 14 percent think its turnaround efforts are working.

For $780 million in cash, the parent of Olive Garden and LongHorn Steakhouse will add a growth chain with familiar management.

Restaurant dealmaking is at its highest level in 11 years. The transactions record could be shattered if these blockbuster acquisitions, already the subjects of Wall Street speculation, should go down.

This year saw some challenging developments.

The burger giant has closed more than 300 locations the past three years, says RB's The Bottom Line. Will it grow again?

The company found a better deal by going private, says RB's The Bottom Line. Could others follow?

The sector closed more units than it opened last year, according to Technomic, after a decade of weak sales.

Vistar Corp., Denver, has appointed Tom McGonagle senior vice president and cfo. Prior to joining Vistar, McGonagle held a number of senior posts within the...

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