04:41 AM EST, 11/04/2025 (MT Newswires) -- Denny's (DENN) said late Monday it agreed to be acquired by TriArtisan Capital Advisors, Treville Capital Group, and Yadav Enterprises for $6.25 per share in cash, implying an enterprise value of about $620 million.
The purchase price represents a 52% premium to Denny's Monday closing stock price.
Denny's will become a private company upon the deal's completion, which expected in Q1, pending shareholder and regulatory approvals, the company said.
Denny's shares were up nearly 48% in recent premarket activity Tuesday.