TGI Fridays to go public through merger with its U.K. franchisee
TGI Fridays and Hostmore, the chain’s U.K. franchisee, announced plans to merge on Tuesday. The all-share deal is valued at 177 million pounds, or $220 million. If it closes, TGI Fridays, best known for its potato skins, chicken wings and endless appetizers, will be publicly traded on the London Stock Exchange under the ticker “TGIF.” The company’s …
Read more “TGI Fridays to go public through merger with its U.K. franchisee”