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Travel & Entertainment M&A image Travel & Entertainment M&A » By The Online Investor Staff, updated Sun., Jul. 12, 12:27 PM 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 operates, franchises, and develops restaurants in North America serving burgers with Bottomless Steak Fries®. Co.'s menu features its primary product, a line of Gourmet Burgers which it makes from ground beef. To complement its Gourmet Burgers, Co. provides a line of Red's Tavern Double® burgers, and its Finest line made with toppings. In addition to burgers, Co. serves an array of other items, including a variety of shareable appetizers, salads, soups, seafood, and other entrees. 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: 
31
Total Market Value Held by ETFs: 
$19.36M
Total Market Capitalization: 
$113.00M
% of Market Cap. Held by ETFs: 
17.14%
 

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Hold (1.80 out of 4)
0th percentile
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