FAT Brands Announces Intent To Take Twin Peaks Restaurant Business Public
Portfolio Pulse from Benzinga Newsdesk
FAT Brands announced its intention to take the Twin Peaks restaurant business public. The company plans to spin off the chain and list it on a major stock exchange.
June 06, 2023 | 12:49 pm
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POSITIVE IMPACT
FAT Brands plans to take Twin Peaks public, potentially increasing the value of FAT's holdings and attracting new investors.
FAT Brands' announcement to take Twin Peaks public could increase the value of its holdings in the restaurant chain. This move may also attract new investors interested in the Twin Peaks brand, leading to a positive short-term impact on FAT's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100