Dine Brands, Wendy’s Decline Unsolicited Buyout Offers, Plus More M&A News
Planet Fitness acquired Be-Fit for $114.8M, advancing its international strategy. Roto-Rooter, a Chemed subsidiary, bought a major franchisee for $60.6M. Dine Brands and Wendy's rejected buyout offers, adopting poison pills. Craveworthy Brands to acquire Papa Gino's, adding 160 restaurants. Savory Fund closed $201.5M for franchise growth. Prime QSR acquired Arby's locations. Orchard Jersey secured $17.2M credit for expansion. Mr. Gatti's in Martinsville sold after damage and ownership change.


