Brief: Meritage reports acquisition of 8 Wendy's restaurants in Michigan

Meritage Hospitality

28/03/2017 13:00

March 28 (Reuters) - Meritage Hospitality Group Inc 
 MHGU.PK : 
    * Meritage reports acquisition of 8 Wendy's restaurants  
located in Michigan 
    * Meritage Hospitality - has two additional definitive 
agreements pending to acquire 61 Wendy's restaurants located in 
five Midwest and mid-Atlantic states 
    * Meritage Hospitality Group Inc - company estimates 
combined 69 restaurants will add approximately $90 million in 
annual sales and be accretive to earnings 
 
Source text for Eikon:  ID:nGNXNSDNNa  
Further company coverage:  MHGU.PK  
 
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