The global franchising company acquired Smokey Bones Bar & Fire Grill.

Guidance stays the same after sales increase in the first quarter.

The meat company does not plan to change the current shareholder control.

C&S Wholesale Grocers to acquire 413 stores across 17 states.

The decision was part of its digitalization strategy.

The deal included 11 beef processing facilities 

Roark Capital focuses on investing in businesses with a franchise business model.

Roark Capital offers $9.6 billion, according to The Wall Street Journal.

Southeastern Grocers divested in its grocery business.

Previous owner Rhône Capital sold the restaurant chain on Aug. 15.