The ONE Group Hospitality, Inc. Completes Acquisition of Owner of Benihana [Yahoo! Finance]
The ONE Group Hospitality, Inc. (STKS)
Last the one group hospitality, inc. earnings: 3/26 04:05 pm
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Source: Yahoo! Finance
DENVER, May 01, 2024 BUSINESS WIRE )--The ONE Group Hospitality, Inc. ("The ONE Group" or the "Company") (Nasdaq: STKS), today announced it has completed its previously announced acquisition of Safflower Holdings Corp., the owner of Benihana Inc. ("Benihana"), for $365 million in cash. "We are delighted to have completed the acquisition and look forward to this next chapter for our Company," said Emanuel "Manny" Hilario, President and Chief Executive Officer of The ONE Group. "Benihana provides us with additional growth and development opportunities and supports our broader strategy to fortify and diversify our leading portfolio of best-in-class experiential VIBE restaurant concepts. Most importantly, I'd like to welcome our nearly 6,500 new Benihana teammates and our new Board Members, Scott Ross and James Chambers." Deutsche Bank Securities Inc. served as sole financial advisor to The ONE Group and lead arranger for the term loan and credit facility. Stoel Rives LLP served as l
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News
- Can The ONE Group Hospitality (STKS) Run Higher on Rising Earnings Estimates? [Yahoo! Finance]Yahoo! Finance
- The ONE Group Hospitality, Inc. (NASDAQ: STKS) had its price target raised by analysts at Wedbush from $5.00 to $6.00. They now have a "neutral" rating on the stock.MarketBeat
- The ONE Group Hospitality, Inc. (NASDAQ:STKS) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- The ONE Group Hospitality, Inc. (NASDAQ: STKS) had its "overweight" rating re-affirmed by analysts at Stephens. They now have a $9.00 price target on the stock.MarketBeat
- The ONE Group Hospitality, Inc. (STKS) Reports Q1 Loss, Misses Revenue Estimates [Yahoo! Finance]Yahoo! Finance
STKS
Earnings
- 5/7/24 - Miss
STKS
Sec Filings
- 5/14/24 - Form D
- 5/8/24 - Form 3
- 5/8/24 - Form 3
- STKS's page on the SEC website