Denny’s Sold $620 million: Inside the Mega Buyout Deal
You’re staring at a headline that seems backward. A restaurant chain selling off its physical locations sounds like a distress signal. Yet, when AdvancePierre Foods Holdings struck the deal that Denny’s sold $620 million worth of property, the company’s stock didn’t crater; it surged. This transaction wasn’t a desperate cash grab. It was a surgical financial move…
