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Story summary
- TriArtisan Capital Advisors, Treville Capital, and Yadav Enterprises will acquire Denny's for $620 million, taking the chain private.
- Shareholders will receive $6.25 per share, a 52% premium over the closing price.
- Denny's board approved the deal unanimously after a search that approached more than 40 potential buyers.
- The buyers expect to close in Q1 2026, enabling Denny's management to focus on long-term strategies and close underperforming locations.
