Denny's Corporation has announced a $620 million acquisition deal with a group of private investors, including TriArtisan Capital Advisors, Treville Capital Group, and Yadav Enterprises. The all-cash transaction will provide shareholders with $6.25 per share, representing a 52.1% premium over Monday's closing price. The acquisition is anticipated to finalize in the first quarter of 2026, pending shareholder and regulatory approvals. Following the announcement, Denny's stock surged 46% in premarket trading, reaching $6.19, close to the offer price.
Denny's to Be Acquired for $620M, Stock Jumps 46% Premarket
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