Carl’s Jr. Owner CKE Bought by Thomas H. Lee Partners

BusinessWeek reports that Thomas H. Lee Partners LP agreed to acquire CKE Restaurants Inc., owner of the Carl’s Jr. and Hardee’s fast-food chains, for about $619 million in cash. The shares jumped the most in almost nine years in New York trading.

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It’s Your Money – Keep It!

From time time DDIFO is pleased to present Guest Commentary from valued contributors. The following is an article about Fraud Detection written and submitted by Steven Schottenfeld of TraceTech Solutions , 7 Josephine Street, Canton, MA 02021, 339-237-1696, tts@tracetechsolutions.com

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Massachusetts Bill Would Force Paid Sick Leave for Everyone

Amanda Fakhreddine of the Patriot Ledger writes that in order to stay in business in the current economic climate, Richard Meier, owner of Meier & Associates, has had to make drastic cutbacks. Now, Meier, whose company is based in Abington, has another worry – the Paid Sick Leave Act that’s being considered by the state Legislature.

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Lynette McKee to Speak at the New England Franchise Association

Lynette McKee, will speak to the New England Franchise Association on Marcvh 9th, she has recently joined Checkers Drive-In Restaurants, Inc. as Chief Development Officer, located in Tampa, FL. She has also served in executive positions at Dunkin’ Brands, Burger King and Metromedia Restaurant Group, parent company for Bennigan’s Grill and Tavern, Steak and Ale, Ponderosa and Bonanza Steakhouse restaurant chains in Dallas, TX.

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JM Smucker Q3 beats Street, signs Green Mountain deal

Rueters reports that J.M. Smucker Co (SJM.N) posted higher-than-expected quarterly earnings as its Folgers coffee business continued to drive improved results, and the company signed a deal to sell coffee packs for Green Mountain Coffee Roasters Inc’s (GMCR.O) brewers.

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Independent Joe to Attend the 3-4-10 DDIFO Meeting

The line-up of Speakers for the DDIFO Meeting at the Doubltree Hotel in nWestboro is impressive it includes: Mark Slutsky of Streetfighter Marketing, Canton, Ohio, Mark co-authored the book “StreetFighter Marketing” with his brother Jeff. Peter J. Bergeron, of Projections, Inc., Peter is the author of the book “Union Proof: Creating Your Successful Union Free Strategy”. Joe Giannino, DDIFO’s Government Affairs Coordinator and Steven Shottenfeld of TraceTech Solutions, a fraud detection company.

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