Castle Hotels

Castle Hotels

IHOP Corp. Increases Share Repurchase Authorization

12.07.2010, 23:11

IHOP Corp. today announced that its Board of Directors has approved a 1 million share increase in the Company's share repurchase authorization, bringing the total authorization to 4.6 million shares.

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Since the inception of its share repurchase program in January 2003, IHOP has repurchased approximately 3.3 million shares out of a total previous authorization of 3.6 million shares as of August 28, 2005.




Brad Blum Announces Formation of New Company and Partnership with Ruby Tuesday, Inc.

11.04.2010, 03:11

Brad Blum, a top restaurant executive, today announced the formation of a new company, BLUM Enterprises, LLC, that offers two distinct areas of expertise in the restaurant industry -- enhancing the brand value of established restaurant companies to accelerate business performance and successfully developing new entrepreneurial restaurant concepts into strong, sustainable businesses.

Akciós szállás, akciós szálláshelyek

Mr. Blum also announced BLUM Enterprises' new strategic partnership with Ruby Tuesday, Inc. (NYSE: RI - News), a major player in the bar-and-grill segment of casual dining in the restaurant industry.




Luby's Announces Plans to Develop Two New Restaurants to Open

22.03.2010, 11:48

Luby's, Inc. today announced plans to begin development of two new cafeteria restaurants in the Texas market to open in 2007.

Wellness hétvége

The development process will include an enhanced cafeteria design, the purchase or lease of land in high growth areas and the construction of the new units..




Investment group urges Wendy's to spin off Tim Hortons

13.03.2010, 20:44

An investment group has made its intentions for Wendy's International Inc. plain -- it wants the company to spin off its Tim Hortons unit and sell most of its Wendy's restaurants to franchisees.

Londoni szállás

The investment group, centered around New York-based Pershing Square Capital Management LP, outlined its proposal in a letter to Wendy's management, filed Tuesday with the Securities and Exchange Commission.




Fresh Choice Announces Agreement to Sponsor Proposed Plan Of Reorganization

06.02.2010, 11:28

Fresh Choice, Inc. (Pink Sheets:SALDQ - News; The "Company") announced today that it has entered into a letter agreement (the "Agreement") with the Official Committee of Unsecured Creditors appointed in the Company's case (the "Committee"), Crescent Real Estate Equities Limited Partnership ("Crescent") and Cedarlane Natural Foods, Inc. ("Cedarlane") whereby Crescent and Cedarlane will sponsor a recapitalization of the Company pursuant to a plan of reorganization.

Londoni szállodák

Crescent is the holder of 100% of the Company's Class B Preferred Stock. Cedarlane is a leading producer of Gourmet and organic food preparation and commissary operations with a specific focus on food of the same type and style as served at Fresh Choice restaurants.




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