Denny’s shareholders OKd a leveraged buy-out.
- Share via
At a special meeting of shareholders, about 77% of the voting shares were cast in favor of the previously announced $43-a-share buy-out offer from management of La Mirada-based Denny’s, Merrill Lynch Capital Markets and certain financial institutions. Denny’s operates Denny’s restaurants, Winchell’s Donut Houses and El Pollo Loco Mexican-style chicken restaurants.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
