Denny’s Corporation (DENN) has entered into a definitive agreement to be acquired by Sparkle Topco Corp., an entity controlled by TriArtisan Capital Advisors affiliates (including Treville Capital Group and Yadav Enterprises, a major franchisee). Upon closing, Denny’s will become a privately held company, and its stock will be delisted from Nasdaq.
The transaction values Denny’s at an approximate \(620 million Enterprise Value, offering stockholders **\)6.25 cash per share**. This price reflects a 52.1% premium over the November 3, 2025 closing price. Outstanding RSUs will convert to cash at $6
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