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Travel & Entertainment M&A image Travel & Entertainment M&A » By The Online Investor Staff, updated Sat., Aug. 17, 11:25 AM Recent mergers and acquisitions in the Travel & Entertainment M&A category.

Slide #9. Red Robin Gourmet Burgers, Inc. Four existing Red Robin franchised restaurants

Acquirer: Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB)
Acquiree: Four existing Red Robin franchised restaurants
Details: Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB), a casual dining restaurant chain focused on serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, today announced that its wholly-owned subsidiary, Red Robin International, Inc., has acquired four existing Red Robin franchised restaurants in the Upstate and Mid-Hudson areas of New York, from Swan Concepts Inc.

Red Robin Gourmet Burgers, together with its subsidiaries, primarily develops, operates, and franchises restaurants in North America and focuses on serving gourmet burgers. Co.'s menu features its product, a line of Gourmet Burgers. To complement its Gourmet Burgers Co. provides a line of Red's Tavern Double® burgers. In addition to burgers, Co. serves an array of other items. These items include a variety of appetizers, salads, soups, seafood, and other entrees. Co. also provides a range of single-serving and shareable desserts as well as its Finest milkshakes. Co.'s beverages include alcoholic and non-alcoholic specialty drinks, cocktails, wine, and a variety of national and craft beers.

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Company Name: 
Red Robin Gourmet Burgers Inc
Stock buyback: 
RRGB buyback
Website: 
www.redrobin.com
Sector: 
Hotels, Lodging, Restaurants & Travel
Number of ETFs Holding RRGB: 
34
Total Market Value Held by ETFs: 
$73.62M
Total Market Capitalization: 
$406.00M
% of Market Cap. Held by ETFs: 
18.13%
 

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Hold (2.44 out of 4)
13rd percentile
(ranked lower than approx. 87% of all stocks covered)
Based on Zacks ABR data;
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