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GENK — GEN Restaurant News Story

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Brief: GEN Restaurant Group Receives Non-Binding Letter Of Intent From Nationwide Restaurant Operator

BRIEF-GEN Restaurant Group Receives Non-Binding Letter Of Intent From Nationwide Restaurant Operator

- GEN Restaurant Group Inc GENK.O:

  • GEN RESTAURANT GROUP : RECEIVES NON-BINDING LETTER OF INTENT FROM NATIONWIDE RESTAURANT OPERATOR FOR STRATEGIC SALE OF U.S. RESTAURANT OPERATIONS

  • GEN RESTAURANT GROUP : LOI CONTEMPLATES POTENTIAL TRANSACTION VALUED AT ABOUT $100 MILLION FOR RESTAURANT OPERATIONS ALONE

  • GEN RESTAURANT GROUP : UNDER TERMS, CONTEMPLATED BY LOI, GEN WOULD RETAIN 100% OF ITS RAPIDLY GROWING CPG AND RETAIL BUSINESS


Further company coverage: GENK.O


((Reuters.Briefs@thomsonreuters.com;))

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