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.
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
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.
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.
The Oregonian report that a federal appeals court has ruled that restaurants can create a “tip pool” that requires servers to share a percentage of tips with kitchen staff so long as the restaurant pays more than the minimum wage.
The Sentinel in New Jersey reports that the town of South River celebrated the grand opening of a Dunkin’ Donuts store Feb. 12, describing it as a landmark occasion in the borough.
A Zogby Interactive survey then asked which coffee brand people felt best described them–Starbucks or Dunkin’ Donuts. George W. Bush took the Dunkin’ …
The Canadian Press reports that Tim Hortons Inc. THI-T brewed up a bigger profit in its latest quarter and is preparing to serve up higher dividends for its shareholders.
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.
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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