Press release article from our research archive:
|
|
Nathan's Famous, Inc. Reports Sale of NF Roasters Corp.
- Article from:
-
Business Wire
- Article date:
-
April 28, 2008
|
Copyright informationCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
WESTBURY, N.Y. -- Nathan's Famous, Inc. (Nasdaq Symbol: NATH), announced today the sale of its subsidiary, NF Roasters Corp., to Roasters Asia Pacific (Cayman) Limited, its Master Developer of franchised Kenny Rogers Roasters restaurants in Malaysia and certain other foreign territories. The purchase price was approximately $4,000,000 in cash plus certain accruals.
In connection with the sale, NF Roasters Corp. entered into a license agreement with a subsidiary of Nathan's, pursuant to which NF Roasters Corp. licensed to the Nathan's subsidiary certain intellectual property necessary for Nathan's to continue to make available "Kenny Rogers" products at existing Nathan's ...
Related newspaper, magazine, and journal articles:
|
NF Roasters Corp. - Latest Franchise Report.
M2 Presswire;
February 19, 2003 ;
700+ words
......February 2003-Research and Markets: NF Roasters Corp. - Latest Franchise Report(C...Offering Circular (UFOC) for NF Roasters Corp. What's a UFOC? If you appear...868797580 REPORT DATA SUMMARY: NF Roasters Corp. - Latest Franchise Report Publisher...
|
|
Nathan's Famous, Inc., Westbury, NY, sold NF Roasters Corp. to Roasters...
The Food Institute Report;
May 5, 2008 ;
39 words
...NATHAN'S FAMOUS, INC., Westbury, NY, sold NF ROASTERS CORP. to ROASTERS ASIA PACIFIC (CAYMAN) LIMITED, its Master Developer of franchised KENNY ROGERS ROASTERS restaurants in Malaysia and certain other foreign territories, for approximately $4 million.
|
|
Berjaya completes takeover of US firm
New Straits Times;
April 25, 2008 ;
104 words
......Main/Lifestyle Section: Business Times Type: Company BERJAYA Corp Bhd yesterday completed its take over of US-based NF Roasters Corp, the owner of the Kenny Rogers Roasters (KRR) brand and concept for RM12.8 million. The group told Bursa Malaysia...
|
|
FOODQUEST, INC. ANNOUNCES CONTRACT TO SELL DADE COUNTY RESTAURANTS TO...
PR Newswire;
April 4, 1996 ;
640 words
......restaurants in Dade County, Florida, to Roasters Corp. for an aggregate purchase price of $3,393,918; (2) borrowed $500,000 from Roasters Corp. on a secured basis; and (3) entered...653,657 in debt owed by FOODQUEST to Roasters Corp., (b) assumption by Roasters Corp...
|
|
FOODQUEST, INC. Announces Extension of Outstanding Public Warrants and...
PR Newswire;
November 11, 1996 ;
90 words
......extension, to November 11, 1997, of the warrants held by Roasters Corp. SOURCE FOODQUEST, INC. -0- 11/11/96 /CONTACT: Nico B.M...561-998-8884 or fax, 561-994-2893/ (FOOQ) CO: FOODQUEST, INC.; Roasters Corp. ST: Florida IN: FOD SU: RK-KW -- FLM006 -- 4190 11/11/96...
|
|
BERJAYA GROUP BERHAD TO BECOME MAJOR STOCKHOLDER IN ROASTERS CORP.
PR Newswire;
July 9, 1996 ;
463 words
......LAUDERDALE, Fla., July 9 /PRNewswire/ -- Roasters Corp., parent corporation for Kenny Rogers...the purchase of 1.8 million shares of Roasters Corp. common stock. The stock was purchased...representing a total investment in Roasters Corp. of $90 million. Brown and his family...
|
|
TWO MANAGEMENT EXECUTIVES PROMOTED AT ROASTERS CORP.
PR Newswire;
May 16, 1996 ;
448 words
......LAUDERDALE, Fla., May 16 /PRNewswire/ -- Roasters Corp., the parent company of Kenny Rogers...President of Operations and Training for Roasters Corp. and Mike Bearss as Executive Vice...titles of Senior Vice President of Roasters Corp. Metzger, 34, who came on board at...
|
|
Kenny Rogers Roasters seeks court protection from creditors
AP Online;
March 27, 1998 ;
282 words
......Friday sought bankruptcy court protection from its creditors. Roasters Corp. said in a statement the franchise would remain open while...for comment at the headquarters Friday. In the statement, Roasters Corp. blamed its troubles on past management. ``Previous management...
|
|
Roasters Corp. Announces Appointment of a New Executive Management...
PR Newswire;
June 11, 1997 ;
176 words
......Fla., June 11 /PRNewswire/ -- The Board of Directors of Roasters Corp., d/b/a Kenny Rogers Roasters, announces the resignation...responsible for day-to-day business decisions and operations. Roasters Corp.'s controlling and majority shareholders, Berjaya Group Berhad...
|
|
RALPH SLIVKA NAMED CHIEF FINANCIAL OFFICER FOR ROASTERS CORPORATION
PR Newswire;
March 5, 1996 ;
297 words
......been named Chief Financial Officer for Roasters Corp., the parent company of Kenny Rogers...business interests. Slivka, who joined Roasters Corp. four months ago as Vice President...Chairman of the Board and CEO for Roasters Corp. This is a very exciting company which...
|
|
NATHAN'S GETS OK TO BUY KENNY ROGERS
United Press International;
February 22, 1999 ;
168 words
......Reorganization of the Official Committee of Franchisees of Roasters Corp. and Roasters Franchise Corp., operators of Kenny Rogers...the Plan of Reorganization, Nathan's will acquire all of Roasters Corp. and Roasters Franchise Corp.'s intellectual property rights...
|
|
Nathan's Famous, Inc.(Brief Article)
The Food Institute Report;
April 12, 1999 ;
34 words
...Nathan's Famous, Inc., Westbury, NY, completed its acquisition of Fort Lauderdale, FL-based Roasters Corp. and Roasters Franchise Corp., operators of Kenny Rogers Roasters (see FOOD INSTITUTE REPORT, Dec. 28, page 8).
|
|
KENNY ROGERS ROASTERS BRINGS ITS WOOD-FIRE ROASTED GOODNESS TO JAPAN
PR Newswire;
May 30, 1995 ;
580 words
......Asia Pacific is a joint venture with Roasters Corp. and the Berjaya Group Berhad, a conglomerate...CEO and Chairman of the Board for Roasters Corp. John Y. Brown Jr., who originated...Dollarhyde, Chief Operating Officer for Roasters Corp. He added, We feel this Tokyo location...
|
|
CLUCKER'S ANNOUNCES LETTERS OF INTENT TO PURCHASE PARADISE BAKERY...
PR Newswire;
May 30, 1995 ;
518 words
......In a companion private transaction, Roasters Corp. would also sell to the private investment...currently a shareholder and franchisee of Roasters Corp. After the completion of the proposed...group would own approximately 49.5 and Roasters Corp. would own approximately 19.5 of ...
|
|
BRUCE M. RABA NAMED PRESIDENT OF ROASTERS INTERNATIONAL
PR Newswire;
January 24, 1996 ;
401 words
......LAUDERDALE, Fla., Jan. 24 /PRNewswire/ -- Roasters Corp., the parent company of Kenny Rogers...and opportunity. As of December 1995, Roasters Corp. had 49 overseas restaurants in operation...Perlman, Director of Public Relations for Roasters Corp. Raba brings to Roasters ...
|
See all results.
Or, try our
Advanced Search.
|