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Krispy Kreme to be Acquired by JAB Beech for $21 Per Share in Cash

WINSTON-SALEM, NC – May 9, 2016 – Krispy Kreme Doughnuts, Inc. (NYSE: KKD) (“Krispy Kreme” or the “Company”) and JAB Beech Inc., an indirect controlled subsidiary of JAB Holding Company (“JAB”) in which BDT Capital Partners is a minority investor alongside JAB, today announced that the companies have entered into a definitive merger agreement under […]

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YUM! Brands 2015 CSR Report Showcases Efforts To Feed The World For Good

Louisville, KY, – Yum! Brands (NYSE: YUM) announced today it released its online 2015 Corporate Social Responsibility (CSR) Report, highlighting its performance in relation to the Company’s overall strategy and governance, in addition to progress made across four strategic areas of focus: food, people, community and environment. “Being a responsible company is at the heart […]

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AccorHotels Becomes A World Leader In The Luxury Serviced Homes Market By Acquiring Onefinestay

AccorHotels, a leading global hotel operator, today announces the acquisition of onefinestay, a high-end hospitality pioneer specializing in luxury serviced Home rental in key worldwide gateways, for €148M (£117M) and makes a further commitment of €64m (£50m) to help the company scale internationally. onefinestay is the leading brand in the luxury segment of the Serviced […]

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Burger King To Become Largest Restaurant Chain In U.S. To Serve Flame-Grilled Hot Dogs

MIAMI – BURGER KING® restaurants are bringing the signature flame-grilling technique they’ve been perfecting for more than 60 years to hot dogs with the launch of Grilled Dogs. The new menu item will be available at participating restaurants nationwide, starting February 23rd. Grilled Dogs are made with 100% beef and flame-grilled to perfection on the […]

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The Power of Incorporating Technology into Your Dining and Facilities Services

New promise is on the horizon for higher education as Generation Z students take center stage to accept their high school diplomas. This generation of young adults is perhaps the most determined of them all. They have big plans for the future of America, and your university is the next stepping-stone on their journey to […]

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Marriott International’s Proposed Acquisition of Starwood Hotels & Resorts Worldwide in a Merger Transaction

Bethesda, Md., – Marriott International, Inc. (NASDAQ: MAR) announced today that it has filed a joint proxy and registration statement on Form S-4 with the U.S. Securities and Exchange Commission (SEC) in connection with the company’s proposed acquisition of Starwood Hotels & Resorts Worldwide in a merger transaction. Once complete, the transaction would result in […]

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Panera Bread Shares Animal Welfare Progress and Makes New Cage-Free Commitment

St. Louis, – Panera Bread (NASDAQ: PNRA) is proud to share its progress in reducing confinement and antibiotics across its U.S. Panera Bread® and St. Louis Bread Co.® bakery-cafe menus. Highlights include:  Laying Hens (Eggs): 100% cage-free by 2020  Pigs (Pregnant sows): 100% gestation-crate free in 2015  Poultry: 100% of chicken and […]

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Marriott International To Acquire Starwood Hotels & Resorts Worldwide, Creating The World’s Largest Hotel Company

BETHESDA, Md. and STAMFORD, Conn., Nov. 16, 2015 – Marriott International, Inc. (NASDAQ: MAR) and Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced today that the boards of directors of both companies have unanimously approved a definitive merger agreement under which the companies will create the world’s largest hotel company. The transaction combines Starwood’s […]

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Hotels Save, Guests Rave: GE Introduces Newly Designed Zoneline Air Conditioners

LOUISVILLE, Ky.—Nov. 6, 2015— (NYSE:GE)—Ask a hotel front desk employee or read an online review to learn quickly that temperature and noise are two of the biggest complaint opportunities for guests, and both can result from a faulty air conditioner. Hospitality industry data proves that when guests are not pleased with the temperature or noise […]

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Yum! Brands Announces Intention to Separate into Two Publicly Traded Companies

LOUISVILLE, KY, – Yum! Brands, Inc. (NYSE: YUM) today announced that it intends to separate into two independent, publicly-traded companies, each with compelling and distinct strategies and investment characteristics. The transaction will create two powerful, best-in-class companies, each with a separate strategic focus:  Yum! China, a market leader with decades of accumulated consumer loyalty […]

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