Denny's to be acquired by TriArtisan Capital Advisors, Treville Capital Group and Yadav enterprises in $620 million transaction
- Under the terms of the agreement, which was unanimously approved by the Denny's Board of Directors, Denny's stockholders will receive $6.25 per share in cash for each share of Denny's common stock they own.
- The purchase price represents a 52.1% premium to Denny's' closing stock price on Monday, November 3, 2025, the last full trading day prior to the transaction announcement, and a 36.8% premium to the Company's 90-day volume-weighted average share price for the period ended November 3, 2025.
- The transaction is expected to close in the first quarter of 2026, subject to customary closing conditions, including approval by the Company's stockholders and satisfaction of regulatory approvals.
- Upon completion of the transaction, Denny's common stock will no longer be listed on the Nasdaq.
- Co cancels third quarter 2025 earnings conference call.