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Darden Buying Value-Oriented Cheddar's Scratch Kitchen Chain

March 27, 2017

Kyle Arnold - Orlando Sentinel

Orlando’s Darden Restaurants said Monday it will snatch up discount casual dining chain Cheddar’s Scratch Kitchen for $780 million.

Cheddar’s has 165 locations in 28 states, including 25 franchised restaurants. It specializ...

Checkers Sold for $525M to New Private-Equity Buyer

March 24, 2017

Jonathan Maze - Nation's Restaurant News

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Oak Hill Capital Partners has agreed to buy Checkers Drive-In Restaurants Inc., from Sentinel Capital Partners in a deal valued at $525 million, the companies said on Thursday.

Oak Hill, the New York-based private-equity gr...

Mobilizing the Banking Industry

March 24, 2017

David Laiter

“Banking is necessary, banks are not”. This is a quote from former CEO of Microsoft, Bill Gates in 1994. Today, it is no secret that banks throughout the country are actively closing their branches. The FDIC has recorded the lowest number of national...

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