FAT Brands Completes Acquisition of Ponderosa and Bonanza Steakhouses for $10.5 Million
FAT Brands Inc. (FAT)
US:NASDAQ Investor Relations:
ir.fatbrands.com
Company Research
Source: Business Wire
West Coast Franchisor Adds Southwestern-style Restaurants with International Growth Potential to its Portfolio of Brands LOS ANGELES--(BUSINESS WIRE)-- FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT) (“FAT Brands” or the “Company”) announced that it has successfully completed the acquisition of Homestyle Dining LLC, the parent company to the Ponderosa Steakhouse and Bonanza Steakhouse brands (“Ponderosa” and “Bonanza”), for $10.5 million. With the acquisition of Ponderosa and Bonanza, FAT Brands’ franchisees now operate more than 300 restaurants around the globe with system-wide sales exceeding $300 million. Established in 1965 and 1963 respectively, Ponderosa and Bonanza offer the quintessential American steakhouse experience with a diverse menu featuring delicious flame-grilled steaks and mouthwatering entrees. The two brands operate more than 120 locations across the U.S., Canada,
Show less
Read more
Impact Snapshot
Event Time:
FAT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FAT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FAT alerts
High impacting FAT Brands Inc. news events
Weekly update
A roundup of the hottest topics
FAT
News
- Pretzelmaker Debuts Cinnamon Toast Crunch™ Cinnadust™ Pretzel Bites [Yahoo! Finance]Yahoo! Finance
- Pretzelmaker Debuts Cinnamon Toast Crunch™ Cinnadust™ Pretzel BitesGlobeNewswire
- Excalibur's Epic Pizza Debuts at Round Table Pizza [Yahoo! Finance]Yahoo! Finance
- Excalibur’s Epic Pizza Debuts at Round Table PizzaGlobeNewswire
- Smokey Bones Turns Up Basketball Season with All You Can Eat Wings! [Yahoo! Finance]Yahoo! Finance
FAT
Earnings
- 3/7/24 - Beat
FAT
Sec Filings
- 3/18/24 - Form 4
- 3/12/24 - Form 10-K
- 3/11/24 - Form 8-K
- FAT's page on the SEC website