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Sonic Corp (SONC.OQ)

SONC.OQ on NASDAQ Stock Exchange Global Select Market

43.35USD
13 Nov 2018
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Thu, Sep 27 2018

REFILE-BRIEF-Sonic Says Co To Pay $47.7 Mln To Inspire Brands On Termination In Certain Cases

* SONIC - UPON TERMINATION OF DEAL UNDER CERTAIN CIRCUMSTANCES, CO WILL BE REQUIRED TO PAY INSPIRE BRANDS A TERMINATION FEE OF $47,736,000 - SEC FILING Source text : (https://bit.ly/2OVYQUD) Further company coverage:

Deals of the day-Mergers and acquisitions

Sept 25 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:

Arby's owner to buy drive-in chain Sonic for $1.57 billion

Arby's-owner Inspire Brands Inc said on Tuesday it would buy Sonic Corp for about $1.57 billion in cash, adding more than 3,600 drive-in restaurants to its portfolio that includes brands such as Buffalo Wild Wings and Rusty Taco.

UPDATE 2-Arby's owner to buy drive-in chain Sonic for $1.57 bln

Sept 25 Arby's-owner Inspire Brands Inc said on Tuesday it would buy Sonic Corp for about $1.57 billion in cash, adding more than 3,600 drive-in restaurants to its portfolio that includes brands such as Buffalo Wild Wings and Rusty Taco.

Sonic to be acquired by Arby's owner for $1.57 bln

Sept 25 Drive-in restaurant chain Sonic Corp said on Tuesday it had agreed to be bought by Arby's-owner Inspire Brands Inc for $1.57 billion in cash.

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