NASHVILLE, Tenn. AP - An Atlanta-based company that operates Church's Chicken restaurants is acquiring Shoney's Restaurants for an undisclosed amount.Royal Hospitality Corp., an affiliate of Royal Capital Corp., said it will take over all 282 Shoney's restaurants from Shoney's LLC., which is owned by an affiliate of Dallas-based Lone Star Funds.
January 03, 2007 at 12:00 AM
1 minute read
NASHVILLE, Tenn. AP – An Atlanta-based company that operates Church’s Chicken restaurants is acquiring Shoney’s Restaurants for an undisclosed amount.
Royal Hospitality Corp., an affiliate of Royal Capital Corp., said it will take over all 282 Shoney’s restaurants from Shoney’s LLC., which is owned by an affiliate of Dallas-based Lone Star Funds.
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