Financing
TGI Fridays sells licensing rights to Kraft Heinz to pay off debt, report says
The deal gives Kraft Heinz the right to use Fridays’ brand name on retail products in perpetuity.
Financing
Proposed TGI Fridays sale is no home run, but has promise for both sides
The $220 million all-stock deal would get Fridays’ owner TriArtisan out of its decade-long investment and give the struggling chain a like-minded partner in franchisee Hostmore, experts say.