Fiesta Restaurant Group, Inc. (FRGI)

[mdanese]

Fiesta Restaurant Group announced that it had agreed to sell all of the outstanding equity of Taco Cabana Inc. to an affiliate of Yadav Enterprises - a restaurant franchisee company that operates more than 300 locations throughout the United States under a variety of brands, including Jack in the Box, Denny’s and TGI Friday’s - for a cash purchase price of $85 million. Read our full analysis of the situation here: https://reorg.com/fiesta-restaurant-group-direct-term-loan/