J. Alexander’s Holdings, Inc. Enters into Definitive Agreement to Acquire Ninety Nine Restaurant and Pub Concept

August 4, 2017

J. Alexander’s Holdings, Inc. (NYSE: JAX) and Fidelity National Financial, Inc. today announced that J. Alexander’s, Fidelity Newport Holdings, LLC, and Fidelity National Financial Ventures, LLC, a direct wholly-owned subsidiary of FNF, have entered into a definitive agreement under which J. Alexander’s will acquire 99 Restaurants, LLC, in an all-stock transaction valued at approximately $199 million, including the assumption of $20 million in net debt.
Source: New feed

140-Room Hotel Indigo in Gainesville, Fla Breaks Ground

August 3, 2017

Officials of a joint venture comprised of Peachtree Hotel Group (PHG) and Celebration Pointe Holdings (CPH) today broke ground on the 140-room Hotel Indigo property in Gainesville, Fla. The hotel, which will be operated by PHG, is expected to open in August 2018.
Source: New feed

Hyatt Reports Second Quarter 2017 Results

August 3, 2017

CHICAGO (August 3, 2017) – Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) today reported second quarter 2017 financial results. Net income attributable to Hyatt was $87 million, or…

Source: New feed

Tim Hortons to Launch in Spain

August 2, 2017

Restaurant Brands International Inc. announced today that it has entered into an agreement with a joint venture partner to develop and grow the TIM HORTONS brand in Spain.
Source: New feed