Home / Business and Economy / Denny's Breakfast Diner to Go Private in $50M Acquisition
Denny's Breakfast Diner to Go Private in $50M Acquisition
4 Nov
Summary
- Denny's stock price jumps over 50% on buyout announcement
- Investors plan to take the breakfast diner chain private
- Deal valued at around $50 million
On November 4, 2025, Denny's Corp., the popular US-based breakfast diner chain, made headlines when it announced that it will be acquired by a group of investors. The news sent the company's stock price soaring by more than 50% at the Wall Street open on that day.
The investors' plan is to take Denny's private, marking a significant shift for the publicly-traded diner chain. The deal is valued at around $50 million, signaling the investors' confidence in the future of the Denny's brand.
This acquisition comes as Denny's continues to navigate the evolving landscape of the restaurant industry. The company, known for its 24-hour service and classic American diner fare, has been a fixture in the US for decades. The decision to go private is likely aimed at allowing the new owners to implement strategic changes and adaptations without the scrutiny of public markets.
