Investor Bids For Red Robin, Church’s Reportedly Eyeing A Sale, Perkins And Marie Callender’s May Package Deal

Several other chains were reportedly looking at selling or have fielded a bid: –Vintage Capital, an activist investor group that currently holds 12% of Red Robin Gourmet Burger’s stock, offered to buy the remaining shares for $40 per share, a premium of 57% over the June 13 price. Meanwhile, the current Red Robin board is…