Tagged With: food merger

Steak ‘n Shake  and Western Sizzlin Corp. have announced they have signed a non-binding letter of intent to merge the Sizzlin group into a wholly-owned subsidiary of SNS.   The deal is valued at $23 million.  SNS  has 486 restaurants, and the Sizzlin folks operate or franchise 113 outlets in 19 states.   Full press release here.