MTY

Eviation Announces Order From Aerus For 30 Alice All-Electric Commuter Aircraft

Retrieved on: 
Tuesday, January 17, 2023
Aircraft, MagniX, MTY, Carbon, Aviation, Air travel, Eviation Alice, Monterrey International Airport, Alice, Travel, LOI, Airline, Aerus

ARLINGTON, Wa., Jan. 17, 2023 /PRNewswire/ -- Eviation Aircraft, a manufacturer of all-electric aircraft, today announced that Aerus, an emerging regional airline in Mexico, has signed a Letter of Intent (LOI) for 30 commuter Alice aircraft. Aerus intends to utilize Alice for middle-mile travel across regions including Nuevo León, Tamaulipas, Coahuila and Veracruz, providing historically underserved communities in northern areas of the country with access to carbon-free, cost-effective and convenient air travel.

Key Points: 
  • ARLINGTON, Wa., Jan. 17, 2023 /PRNewswire/ -- Eviation Aircraft , a manufacturer of all-electric aircraft, today announced that Aerus , an emerging regional airline in Mexico, has signed a Letter of Intent (LOI) for 30 commuter Alice aircraft.
  • The nine-seater Alice is the world's first flight-tested all-electric commuter aircraft.
  • By introducing electric aircraft into its fleet, Aerus aims to reduce its carbon emissions by 50% by 2033.
  • The introduction of the Alice is certainly one of those opportunities," said Eddie Jaisaree, Vice President, Commercial Sales at Eviation.

CenterOak Partners LLC Completes Sale of Wetzel’s Pretzels

Retrieved on: 
Thursday, December 8, 2022
Professional Services, Retail, Restaurant, Bar, Finance, Asset Management, Banking, Food, Beverage, Partner, Gibson, Dunn & Crutcher, Sale, Consumer, Drink, Corporate services, History, MTY, TSX, Airport

CenterOak Partners LLC (CenterOak), a Dallas-based private equity firm, today announced the completion of the sale of Wetzels Pretzels (Wetzels or the Company), to MTY Franchising USA, Inc., a wholly owned subsidiary of MTY Food Group Inc. (TSX:MTY) for a cash purchase price of $207 million.

Key Points: 
  • CenterOak Partners LLC (CenterOak), a Dallas-based private equity firm, today announced the completion of the sale of Wetzels Pretzels (Wetzels or the Company), to MTY Franchising USA, Inc., a wholly owned subsidiary of MTY Food Group Inc. (TSX:MTY) for a cash purchase price of $207 million.
  • We are pleased to see the successful culmination of our investment in Wetzels, said Randall Fojtasek, CEO and Co-Managing Partner of CenterOak.
  • Founded in 1994, Wetzels Pretzels is the second largest U.S. franchisor and owner of quick service restaurants operating in the soft pretzel category.
  • CenterOak Partners LLC is a private equity firm with a focus on making control-oriented investments in middle market companies organized or operating in the United States.

CenterOak Partners LLC to Sell Wetzel’s Pretzels to MTY Food Group Inc.

Retrieved on: 
Wednesday, November 2, 2022
Professional Services, Business, Retail, Restaurant, Bar, Finance, Food, Beverage, Company, Airport, Consumer, LLC, Corporate services, Drink, TSX, Partner, MTY, History, CA, Fast food

CenterOak Partners LLC (CenterOak), a Dallas-based private equity firm, today announced its portfolio company Wetzels Pretzels (Wetzels or the Company), has entered into a definitive agreement to be acquired by MTY Franchising USA, Inc., a wholly owned subsidiary of MTY Food Group Inc. (TSX:MTY) for a cash purchase price of $207 million.

Key Points: 
  • CenterOak Partners LLC (CenterOak), a Dallas-based private equity firm, today announced its portfolio company Wetzels Pretzels (Wetzels or the Company), has entered into a definitive agreement to be acquired by MTY Franchising USA, Inc., a wholly owned subsidiary of MTY Food Group Inc. (TSX:MTY) for a cash purchase price of $207 million.
  • Headquartered in Pasadena, CA, Wetzels is the second largest franchisor and owner of quick service restaurants operating in the snack category.
  • Founded in 1994, Wetzels Pretzels is the second largest franchisor and owner of quick service restaurants operating in the snack category.
  • CenterOak Partners LLC is a private equity firm with a focus on making control-oriented investments in middle market companies organized or operating in the United States.

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations:) Centric Financial Corporation (OTC - CFCX), Gemini Therapeutics, Inc. (Nasdaq - GMTX), BBQ Holdings, Inc. (Nasdaq - BBQ), Atlas Air Worldwide (Nasdaq – AAWW)

Retrieved on: 
Thursday, September 1, 2022
MTY, NYSE, Polish–Lithuanian Commonwealth, Consortium, Brodsky, Centric, GLOBE, Disc, First Commonwealth Bank, APO, FCF, Company, BBQ, Gemini, Security (finance)

If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847.

Key Points: 
  • If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847.
  • Under the terms of the agreement, Centric will be acquired by First Commonwealth Financial Corporation (First Commonwealth) (NYSE - FCF).
  • Under the terms of the agreement, Atlas shareholders will receive $102.50 per share in cash for each share they own.
  • Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits.

Planet Smoothie Opens in the Land Down Under with Plans to Expand

Retrieved on: 
Monday, August 22, 2022
Kahala Brands, Planet Smoothie, MTY, CEO, Cold Stone Creamery, MTY Food Group, TikTok, QSR, Sale, Planet, LinkedIn, Pleasure, Baja Fresh, Multimedia, Instagram, Social media, SEDAR, Taste, Industry, Mission statement, TacoTime, Fast food, Retail, CBD, Docklands, Precursor cell, Central business district, Kahala, Facebook, Thai Express

Kahala Brands, the franchisor and owner of the Planet Smoothie brand, has collaborated with Smoothie Group Pty.

Key Points: 
  • Kahala Brands, the franchisor and owner of the Planet Smoothie brand, has collaborated with Smoothie Group Pty.
  • Planet Smoothie fills the need of Australian consumers looking for a broader range of options and a high level of customer service.
  • The opportunity to bring a new player into the Australia Smoothie market was evident and the perfect match was Planet Smoothie."
  • Ltd. and Kahala Brands will work together to expand the Planet Smoothie brand with plans to open multiple locations within the next five years.

BBQ HOLDINGS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of BBQ Holdings, Inc. - BBQ

Retrieved on: 
Friday, August 12, 2022
Class Action Lawsuit, Professional Services, Legal, Company, Nasdaq, TSX, Sale, LLC, KSF, MTY, BBQ, Time

and the law firm of Kahn Swick & Foti, LLC (KSF) are investigating the proposed sale of BBQ Holdings, Inc. (NasdaqGS: BBQ) to MTY Food Group Inc. (TSX: MTY).

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (KSF) are investigating the proposed sale of BBQ Holdings, Inc. (NasdaqGS: BBQ) to MTY Food Group Inc. (TSX: MTY).
  • Under the terms of the proposed transaction, shareholders of BBQ will receive only $17.25 for each share of BBQ that they own.
  • Please note that the merger is structured as a tender offer, such that time may be of the essence.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

BBQ HOLDINGS, INC. ALERT: Bragar Eagel & Squire, P.C. Investigates Merger of BBQ and Encourages Investors to Contact the Firm

Retrieved on: 
Wednesday, August 10, 2022
P.C, TSX, Telephone, Acquisition, Learning, MTY, BBQ, GLOBE, NASDAQ, Squire, Property management

On August 8, 2022, BBQ Holdings announced that it had entered into an agreement to be acquired by MTY in an all-cash deal with an enterprise value of $200 million.

Key Points: 
  • On August 8, 2022, BBQ Holdings announced that it had entered into an agreement to be acquired by MTY in an all-cash deal with an enterprise value of $200 million.
  • Pursuant to the merger agreement, MTY would acquire all of the issued and outstanding common shares of BBQ Holdings for cash consideration of $17.25 per BBQ Holdings share.
  • Bragar Eagel & Squire is concerned that BBQ Holdings board of directors oversaw an unfair process and ultimately agreed to an inadequate merger agreement.
  • Accordingly, the firm is investigating all relevant aspects of the deal and is committed to securing the best result possible for BBQ Holdings stockholders.

SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of BBQ Holdings, Inc. (Nasdaq - BBQ)

Retrieved on: 
Tuesday, August 9, 2022
Brodsky, GLOBE, Suite, Board, MTY, Company, Nasdaq, BBQ

Under the terms of the merger agreement, BBQ Holdings shareholders will receive $17.25 in cash for each share of BBQ Holdings common stock they own, in a deal valued at approximately $200 million, including BBQ Holdings net debt.

Key Points: 
  • Under the terms of the merger agreement, BBQ Holdings shareholders will receive $17.25 in cash for each share of BBQ Holdings common stock they own, in a deal valued at approximately $200 million, including BBQ Holdings net debt.
  • The investigation concerns whether the BBQ Holdings Board breached its fiduciary duties to shareholders by failing to conduct a fair process, and whether MTY is paying too little for the Company.
  • You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, Two Bala Plaza, Suite 805, Bala Cynwyd, PA 19004, visit https://www.brodskysmith.com/cases/bbq-holdings-inc-nasdaq-bbq/ , or call toll free 855-576-4847.
  • Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits.

BBQ Stock Alert: Halper Sadeh LLP Is Investigating Whether the Sale of BBQ Holdings, Inc. Is Fair to Shareholders

Retrieved on: 
Tuesday, August 9, 2022
Class Action Lawsuit, Professional Services, Legal, Sale, MTY, Fraud, BBQ, Advertising, NASDAQ, Security (finance)

Halper Sadeh LLP, an investor rights law firm, is investigating whether the sale of BBQ Holdings, Inc. (NASDAQ: BBQ) to MTY Food Group Inc. for $17.25 per share is fair to BBQ shareholders.

Key Points: 
  • Halper Sadeh LLP, an investor rights law firm, is investigating whether the sale of BBQ Holdings, Inc. (NASDAQ: BBQ) to MTY Food Group Inc. for $17.25 per share is fair to BBQ shareholders.
  • On behalf of BBQ shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.
  • Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

MTY Food Group Inc. to Acquire Bbq Holdings, Inc. for $17.25 Per Share

Retrieved on: 
Tuesday, August 9, 2022
Cyprus Securities and Exchange Commission, Brewery, Hand, Mergers and acquisitions, Tripura Merger Agreement, Morrison & Foerster, Budget, Board of directors, Industry, Forward-looking statement, Legislation, GLOBE, Phrase, Kroll, Failure, Breakfast, Growth, SEC, TSX, Toronto Stock Exchange, System sales, Bakers Square, LLC, MTY, Restaurant, EDGAR, EBITDA, Mark (given name), Company, Family, Transaction, Director, Depreciation, Acquisition, IFRS, NASDAQ, U.S. Securities and Exchange Commission, News, Morrison, Ownership, MTY Food Group, BBQ, Agreement, SEDAR, Kahala Brands, Security (finance), Sales, Bookkeeping, Bank, Renting

Upon completion of the Transaction, BBQ Holdings will become a subsidiary of MTY and the shares of BBQ Holdings will be de-listed from NASDAQ.

Key Points: 
  • Upon completion of the Transaction, BBQ Holdings will become a subsidiary of MTY and the shares of BBQ Holdings will be de-listed from NASDAQ.
  • Jeff Crivello, Chief Executive Officer of BBQ Holdings, commented We are thrilled to partner with MTY and its talented team of restaurant operators.
  • BBQ Holdings, Inc. (NASDAQ: BBQ) is an international restaurant company engaged in the business of franchising, and operating casual and fast casual dining restaurants.
  • Village Inn and Bakers Square add a legendary family dining element to BBQ Holdings specializing in breakfast and pies.