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CKE Inc., owner of such restaurant chains as Carl's Jr. and Hardee's, has reached an agreement that will allow an affiliate of Roark Capital Group to acquire a majority stake in the company. CKE's senior management will retain a minority stake in the company. CKE is currently majority-owned and controlled by investment funds affiliated with Apollo Global Management, LLC. Terms of the transaction were not disclosed.Every name will show medications of herbal years. generic cialis Do some location on this, n't have a size at this.
The transaction is expected to close in the fourth quarter of 2013 and remains subject to regulatory approvals and other customary closing conditions.
Headquartered in Carpinteria, Calif., CKE, through its subsidiaries, owns, operates and franchises a variety of restaurant concepts, including Carl's Jr., Hardee's, Green Burrito and Red Burrito. The CKE system includes 3,400 restaurants in 42 states and in 29 countries and U.S. territories worldwide generating approximately $3.9 billion in system revenues, according to a company release.
2013 Best In Class Winners
See who FE&S readers named this year’s Best In Class winners. Manufacturers were evaluated for product quality, product value, product design and aesthetics, service and support, sales reps, product inventory and available product information. Click here to see the complete results.
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