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BRIEF-FAT BRANDS TO BUY HURRICANE GRILL AND WINGS FOR ‍$12.5 MLN
November 15, 2017 / 4:01 PM / a month ago

BRIEF-FAT BRANDS TO BUY HURRICANE GRILL AND WINGS FOR ‍$12.5 MLN

Nov 15 (Reuters) - Fat Brands Inc:

* FAT BRANDS TO ACQUIRE HURRICANE GRILL AND WINGS

* DEAL FOR ‍$12.5 MILLION​

* ‍TARGETING ANNUALIZED CASH DIVIDEND OF $0.48 PER COMMON SHARE IN 2018​

* ‍ACQUISITION WILL BE FUNDED WITH CASH ON HAND AND THIRD PARTY FINANCING​

* ‍PRO FORMA FOR INTEGRATION SYNERGIES, ANNUALIZED ADJUSTED CASH EPS TO EXCEED $1.10​ Source text for Eikon: Further company coverage:

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