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Cava Group Inc. has sealed its $300 million deal to acquire Zoe’s Kitchen Inc. Zoe’s Kitchen (NYSE: ZOES) will be taken private immediately, with Thanksgiving Day as the first day of operations for the combined company. Cava said the Zoe’s brand “will remain intact for the foreseeable future." Brett Schulman, Cava CEO, will lead the company while Zoe’s CEO Kevin Miles “will be completing his tenure.” Zoe’s under Miles' leadership, grew to 268 locations in 20 states and roughly $340 million in annual revenue.
Zoës Kitchen (NYSE: ZOËS), a fast-casual Mediterranean restaurant group, today announced that it now offers direct delivery from 231 of its restaurants. Powered by DoorDash, Zoës new delivery capability allows guests in participating markets to order directly from the Zoës Kitchen website or via its mobile app. “Delivery has been a focus for us as we continue to provide convenience offerings for our guests, so they can enjoy our better-for-you, Mediterranean food whenever they want it, wherever they want it,” said Casey Shilling, Chief Marketing Officer, Zoës Kitchen.
Bojangles said it had agreed to be taken private, the latest merger news to hit a restaurant industry facing stiff competition.
Mediterranean, Fast Casual Restaurant Group Adds Flavorful Twist to the Traditional Holiday with Special Limited Time Offer
Zoe's (ZOES) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Employers, too, are making a big push to drive voter turnout. As of October, more than 300 companies partnered with the Time to Vote campaign, a nonpartisan effort to increase voter turnout. Levi Strauss is offering paid time off, Patagonia will be shutting its stores on Election Day, and Uber and Lyft are offering free rides to the polls.
NEW YORK, Oct. 10, 2018 /PRNewswire/ -- Notice is hereby given that Monteverde & Associates PC has filed a class action lawsuit in the United States District Court for the District of Delaware, Case No.1:18-cv-01536-MN, on behalf of public common shareholders of Zoe's Kitchen, Inc. ("Zoe's Kitchen" or the "Company") (ZOES) who held Zoe's Kitchen securities on the record date October 22, 2018 (the "Class Period"), and have been harmed by Zoe's Kitchen and its board of directors' (the "Board") alleged violations of Sections 14(a) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") in connection with the sale of the Company to Cava Group, Inc. ("Cava Group").
The reverse-logistics operation of Optoro Inc. and the Mediterranean-inspired menu of falafel juggernaut Cava Group Inc. propelled Greater Washington to a strong third quarter for venture funding — and gives it a shot at a record-breaking haul for 2018. Greater Washington saw $452.67 million in venture funding in the third quarter, according to the new 2018 PitchBook-NVCA Venture Monitor report. The region has seen $1.42 billion in venture funding through the first three quarters, setting the region up for the biggest year recorded by Pitchbook so far (It has been data tracking back to 2002).
If you want to know the most critical factor in picking growth stocks, it has to be this: earnings per share. Here are four things to consider when gauging this critical measure.
American Airlines flyers can buy food from Zoës Kitchen starting Dec. 1 for flights longer than three hours.
announced it had agreed to be acquired for Cava Group for $12.75 per share. Last February, upscale specialty chain Fogo de Chao was taken out by Rhone Capital for $15.75 a share. Last year, Buffalo Wild Wings, Ruby Tuesday, Bob Evans, Panera Bread and Popeyes were acquired, and those are just the deals involving publicly traded names.
NEW YORK, NY / ACCESSWIRE / September 20, 2018 / Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New ...
NEW YORK , Sept. 19, 2018 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York ...