Overview
- Denny’s shareholders will receive $6.25 in cash per share, a roughly 52% premium to the prior close, totaling about $322 million to public investors.
- The all-cash deal values the company at approximately $620 million including debt and was unanimously approved by Denny’s board.
- The buyer consortium comprises TriArtisan Capital Advisors, Treville Capital Group and Yadav Enterprises, with TriArtisan bringing prior restaurant holdings and Yadav a major franchise presence.
- Closing is targeted for the first quarter of 2026, pending shareholder and regulatory approvals, after which Denny’s stock will be delisted from Nasdaq and the company will be privately held.
- Denny’s shares jumped roughly 46%–50% in after-hours and premarket trading following the announcement.