The Ashton Report

Chain Dynamics: Roark Buys Into Cheesecake Factory, Shake Shack Woes, Dine Brands Store Closures and BJ’s

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This is, once again, just a sample of chain news from last week to give you examples of how the coronavirus-inspired closures and lockdowns are affecting major chain companies.    –Cheesecake Factory sold 200,000 new preferred shares to a Roark Capital subsidiary, RC Cake Holdings for $200 million, as it shores up its cash reserves…

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