Brief: Meritage Reports Agreements To Acquire Ten Wendy’s Restaurants Located In Georgia And Texas

Meritage Hospitality

06/08/2019 16:15

Aug 6 (Reuters) - Meritage Hospitality Group Inc  MHGU.PK :
    * MERITAGE REPORTS AGREEMENTS TO ACQUIRE TEN WENDY’S
RESTAURANTS
LOCATED IN GEORGIA AND TEXAS
    * MERITAGE HOSPITALITY GROUP INC - ENTERED INTO AN AGREEMENT
WITH
WENDY'S TO DEVELOP 40 NEW WENDY'S RESTAURANTS OVER NEXT FIVE
YEARS
    * MERITAGE HOSPITALITY GROUP INC - PLANS TO INVEST
APPROXIMATELY
$100.0 MILLION IN DEVELOPMENT OF 40 WENDY'S RESTAURANTS
    * MERITAGE HOSPITALITY GROUP INC - TWO TRANSACTIONS ARE
SCHEDULED
TO CLOSE DURING Q3 , ADDING ABOUT $17.9 MILLION OF SALES

Source text for Eikon:  ID:nGNX5Bqx5t 
Further company coverage:  MHGU.PK 

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