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Stock impact report

Del Taco Restaurants, Inc. Provides Business Update Related to COVID-19

Berto Acquisition Corp. - Ordinary Shares (TACO) 
Last berto acquisition corp. - ordinary shares earnings: 3/11 04:05 pm Check Earnings Report
Company Research Source: Business Wire
Increases Cash Reserves and Withdraws Fiscal Year 2020 Guidance LAKE FOREST, Calif.--(BUSINESS WIRE)--Del Taco Restaurants, Inc. (“Del Taco” or the “Company”), (NASDAQ: TACO), the second largest Mexican-American quick service restaurant chain by units in the United States, today provided a business update related to the impact of COVID-19.John D. Cappasola, Jr., President and Chief Executive Officer of Del Taco, commented, “The health and safety of our employees, franchisees and guests is a critical focus as we serve communities across the country through limited contact or contactless channels such as drive-thru, takeout and delivery. In doing so, we are truly grateful for our employees and franchisees who are doing an exceptional job providing great food and service during this time of uncertainty.”Cappasola added, “In order to enhance our financial flexibility, we elected to draw down $50.0 million on our revolving credit facility as a precautionary measure. We have also deferre Show less Read more
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