News
Ali Group and Welbilt Enter Into Definitive Merger Agreement
After a months-long battle between Ali Group and the Middleby Corp., Ali Group will enter into a definitive merger agreement to acquire Welbilt.
R&M Platform Secures Additional $5.3M in Funding
Chicago-based subscription service managing restaurant equipment repairs and maintenance secured a second round of investor funding.
Middleby Allows Welbilt Merger Agreement To Terminate
Middleby will not increase its offer after Ali Group boosts its proposal last week.
OSHA Updates COVID-19 Guidelines
OSHA released the latest update to its COVID-19 safety resource titled “Protecting Workers: Guidance on Mitigating and Preventing the Spread of COVID-19 in the Workplace."
BJ’s Restaurants CEO to Retire
BJ’s Restaurants recently announced CEO Gregory Trojan will retire by September and CFO Gregory Levin will assume the CEO position.
FAT Brands to Open 50 Co-Branded Locations in Mexico
FAT Brands announced its deal to develop 50 co-branded Fatburger and Buffalo’s Express locations in Mexico.
Topgolf to Expand to South America
Topgolf Entertainment Group plans to expand to South America starting with Colombia.
Portillo’s to Open Pickup, Delivery Only Location
American fast-casual restaurant chain Portillo’s is set to open its first-ever pickup and delivery only location in Joliet, Ill. Following the lead of P.F. Chang’s To-Go and Lettuce Entertain You’s delivery-only concept, just two of the many restaurants that have launched delivery-only locations, Portillo’s announced it will open a Larkin Ave. and Route 30 location…
Welbilt To End Middleby Merger Agreement
Board considers Ali Group’s latest offering a “Company Superior Proposal.”
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