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Tagged With: Hardee’s

Carl’s Jr. Update

(OPINION) Investor Norman Peltz (Wendys/Arbys group, says he wants to play too, is studying CKE financials to see if he wants to bid.   Peltz is an activist investor, and as head of Triarc Companies, has hit a couple home runs (let’s not talk about Snapple, tho). On the other hand, TH Lee, the first bidder, … Continue reading »

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Lee Bags Carl Karcher

CKE, parent of Carl’s Jr and Hardee’s picked up by Thomas Lee Partners for  close to a billion, including debt assumption.  Lee also holds big stakes in Dunkin’ Donuts and Baskin Robbins. This is the second big food deal this week, with the news that Diamond Foods (DMND) of California has gobbled up Kettle Foods … Continue reading »

Categories: Buying, Selling, Uncategorized | Tags: , , , , , | Leave a comment