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Denny's Acquired for $620 Million, Shareholders to Gain 52%

11/6/2025

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Story summary
  • Denny's will be acquired by a group of investors, including TriArtisan Capital Advisors, Treville Capital, and Yadav Enterprises, valuing the chain at $620 million.
  • Shareholders will receive $6.25 per share, representing a 52% premium over the closing price.
  • The board unanimously approved the deal, which aims to take Denny's private and is expected to close in early 2026.
  • CEO Kelli Valade stated the acquisition supports shareholder interests and future growth amid challenges like declining sales during the COVID-19 pandemic.