Denny’s Acquisition Summary (Schedule 14A)
Denny’s Corporation has agreed to be acquired by Sparkle Topco Corp., controlled by a group including TriArtisan Capital Advisors, Treville Capital Group, and major franchisee Yadav Enterprises.
- Strategic Rationale: The Board concluded the transaction maximizes stockholder value and is in shareholders’ best interest.
- Timeline: Expected closing is Q1 2026, after which Denny’s will become a private company. Operations remain independent until then.
- Investor Action: Investors are urged to read the forthcomi