Denny’s Acquisition Summary (Schedule 14A)
Denny’s Corporation is being acquired by Sparkle Topco Corp. (controlled by affiliates of TriArtisan Capital Advisors), partnered with Treville and Yadav Enterprises (a large franchisee).
- Board Position: The Board determined the transaction maximizes value and is fair to stockholders.
- Timeline: Closing is expected in Q1 2026, after which Denny’s will become a private company.
- Operations: Until closing, it is business as usual for employees, franchisees, and guests.
...Investors and securityholders ar