Fat Brands, the parent of Fatburger, Johnny Rockets and several other fast-casual brands, has agreed to merge with its majority shareholder, Fog Cutter Capital Group (FCCG)

Fat Brands to merge with majority shareholder Fog Cutter Capital Group

Merger frees up parent of Fatburger to more easily grow through acquisitions

Fat Brands, the parent of Fatburger, Johnny Rockets and several other fast-casual brands, has agreed to merge with its majority shareholder, Fog Cutter Capital Group (FCCG). The merger will remove the need for FCCG to hold an over-80-percent share of Fat Brands stock for the restaurant company to utilize its $100M of net opening loss carry-forwards (NOLs). The move also increases Fat Brands’ financial flexibility and will better-position it for future acquisitions, according to an announcement.

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Boston Market expanded a variety of holiday meal options: Whole Roasted Turkey, Spiral-Sliced Ham and Rotisserie Prime Rib

Boston Market expands holiday meal options, including Whole Roasted Turkey, Prime Rib, Spiral-Sliced Ham

Fast-casual rotisserie chain looks to boost holiday-time business

Boston Market expanded a variety of meal options for the 2020 holiday season. Whole Roasted Turkey, Spiral-Sliced Ham and Rotisserie Prime Rib make up the Heat & Serve meals collection. These come with sides, appetizers and pies, serving four to 12 people at about $10 per person. The 300-unit fast-casual restaurant chain also expanded catering, in-restaurant a-la-carte and home-delivery options, as well.

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Fast-casual Smashburger launched a new, limited time Pulled Pork Tailgater Burger. The sandwich features a savory, slow-smoked pulled pork with caramelized onions

Smashburger rolls out limited-time Pulled Pork Tailgater Burger with $2 beer special

Better-burger chain’s Tailgater uses game-day themes, appeal

Fast-casual Smashburger launched a new, limited time Pulled Pork Tailgater Burger. The sandwich features a savory, slow-smoked pulled pork with caramelized onions, Swiss cheese and Certified Angus Beef inside a pretzel bun with spicy mustard. At participating locations and where permissible, the better-burger chain is also offering a beer special for $2 to customers over the age of 21 and with the purchase of food.

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Chipotle Mexican Grill is testing smoked brisket at several locations in Cincinnati, Ohio and in Sacramento, California...the 64-unit test

Chipotle Mexican Grill tests Smoked Brisket in select US markets

Limited-time protein to be validated via stage-gate process in Cincinnati, Sacramento

Chipotle Mexican Grill is testing smoked brisket at several locations in Cincinnati, Ohio and in Sacramento, Calif. The 64-unit test will feature the latest potential protein addition to the Chipotle menu. These stores will test a smoked beef brisket, seasoned with a spice blend, that will be seared at restaurant grills, and prepared with a Mexican-pepper sauce, according to an announcement.

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Starting Monday, November 30, Panera will offer coffee subscriptions as part of a gift package

Panera Bread promotes MyPanera+ Coffee Subscription as holiday gift-giving solution

Bakery-cafe chain to offer gift subscriptions starting November 30

Panera Bread launched a new Cyber Monday promotion to put the spotlight on its MyPanera+ Coffee Subscription program. Starting Monday, November 30, Panera will offer coffee subscriptions as part of a gift package. Through the gift coffee subscription, customers will be able to purchase and send MyPanera+ to people on their holiday shopping list at a discount.

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Goldman Sachs Merchant Banking Division has taken a significant stake in Zaxby’s. The strategic investment should propel its growth

Goldman Sachs affiliate takes significant stake in Zaxby’s

Investment should propel growth at 900-unit chicken chain

Goldman Sachs Merchant Banking Division, a Goldman Sachs affiliate, has taken a significant stake in Zaxby’s. The strategic investment should propel the growth of the fast-casual chicken chain and provide growth in sales channels that may not have been previously accessible. The deal should be completed by the end of the year.

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