August 9,
2023 by HFBusiness Staff in Business Strategy, Industry
Franchise Group, Inc. announced the financial results for its fiscal second quarter ended July 1.
May 10,
2023 by HFBusiness Staff in Business Strategy, Industry
Franchise Group, Inc. announced that it has entered into a definitive agreement and plan of merger pursuant to which members of the senior management team of Franchise Group led by Brian Kahn, the Company’s chief executive officer, (collectively with affiliates and related parties of the senior management team, the “Management Group”), in financial partnership with a consortium that includes B. Riley Financial, Inc. and Irradiant Partners, will acquire the approximately 64% of the Company’s issued and outstanding common stock that the Management Group does not presently own or control.
March 20,
2023 by HFBusiness Staff in Business Strategy, Industry
Franchise Group, Inc. announced that it has received an unsolicited non-binding proposal, which is subject to certain conditions, to acquire all of the outstanding shares of the common stock of the Company for a price of $30.00 per share in cash.
June 21,
2022 by Laurie Northington in Business Strategy, Industry
Franchise Group, Inc. (NASDAQ: FRG) has announced that it has completed the sale-leaseback of all three W.S. Badcock Corporation distribution centers for gross proceeds of approximately $150 million to affiliates of Oak Street Real Estate Capital, a division of Blue Owl Capital.
December 29,
2020 by Laurie Northington in Business Strategy, Industry
Franchise Group, Inc. (NASDAQ: FRG) announced its completed acquisition of FFO Home, a regional retailer of furniture and mattresses. Starting immediately, over 30 FFO Home stores throughout the Midwest will be rebranded to American Freight Furniture, Mattress, Appliance.
November 9,
2020 by Laurie Northington in Acquisition, Industry
Franchise Group, Inc. (NASDAQ: FRG), an operator of franchised businesses that include Buddy’s Home Furnishings and American Freight, has signed an agreement to acquire FFO Home, a furniture retailer with 31 stores in Arkansas, Indiana, Kentucky, Missouri and Oklahoma.
August 5,
2020 by Laurie Northington in Business Strategy, Industry
Franchise Group, Inc. (NASDAQ: FRG), an operator of franchised and franchisable businesses that include Buddy’s Home Furnishings and American Freight, has appointed Todd Evans to the newly created role of chief franchising officer.