CKE Inc: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Roark Capital Group To Acquire Majority Stake In CKE Inc From Apollo Global Management LLC
CKE Inc announced that an affiliate of Roark Capital Group has entered into a definitive agreement to acquire a majority stake in CKE with senior management retaining a minority stake. CKE is currently majority-owned and controlled by investment funds affiliated with Apollo Global Management LLC (together with its consolidated subsidiaries, Apollo). Terms of the transaction were not disclosed. The transaction is expected to close in the fourth quarter of 2013, subject to regulatory approvals and other customary closing conditions.
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