Key Developments: Meritage Hospitality Group Inc (MHGU.PK)
3.00USD
24 May 2013
$-0.15 (-4.76%)
$3.15
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5,898
1,209
$3.42
$1.99
Latest Key Developments (Source: Significant Developments)
Meritage Hospitality Group Inc Approves Special Dividend
Meritage Hospitality Group Inc announced that Company's Board of Directors approved a special dividend of $0.01 per share at the May 21, 2013 Board of Directors Meeting. The dividend is payable on July 1, 2013 to shareholders of record on June 14, 2013. Full Article
Meritage Hospitality Group Inc Announces Acquisition Of Two Wendy's Franchised Portfolios Consisting Of Nine Wendy's Restaurants In Atlanta
Meritage Hospitality Group Inc announced that it has acquired two Wendy's franchised portfolios consisting of nine Wendy's restaurants in Atlanta, GA, and ten Wendy's restaurants in Richmond, VA. In addition, the Company has opened a new Wendy's restaurant located on Trout River Road in Jacksonville, FL marking its 111th restaurant in operation. The acquisitions were financed utilizing an acquisition credit facility with First Franchise Capital Corporation, the Company's primary Wendy's restaurant lender. Full Article
Meritage Hospitality Group Inc Announces Acquisition Of Wendy's Restaurants In North Carolina And South Carolina
Meritage Hospitality Group Inc announced the acquisition of three additional Wendy's restaurants located in the Charlotte, N.C. designated market area. Terms of the transaction were not disclosed. Full Article
Meritage Hospitality Group, Inc. Approves Special Dividend
Meritage Hospitality Group, Inc. announced that the Company's Board of Directors approved a special dividend of $0.01 per share at the May 15, 2012 Board of Directors Meeting. The dividend is payable on July 1, 2012 to shareholders of record on June 15, 2012. Full Article
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