MONTREAL, Sept. 28, 2022 /PRNewswire/ -- MTY Food Group Inc. ("MTY") (TSX:MTY) is pleased to announce that it has completed the acquisition of BBQ Holdings, Inc. ("BBQ Holdings") (NASDAQ:BBQ) through the consummation of a merger of its wholly-owned subsidiary, Grill Merger Sub, Inc. ("Merger Sub"), with and into BBQ Holdings without a vote of the BBQ Holdings stockholders in accordance with Section 302A.613(4) of the Minnesota Business Corporation Act (the "MBCA"). In the merger, each share of BBQ Holdings' common stock outstanding immediately prior to the effective time of the merger (other than any shares held in the treasury of BBQ Holdings, owned by MTY or any of its respective subsidiar

MONTREAL, Sept. 27, 2022 /CNW Telbec/ - MTY Food Group Inc. ("MTY") (TSX:MTY) is pleased to announce that it has completed the acquisition of BBQ Holdings, Inc. ("BBQ Holdings") (NASDAQ:BBQ) through the consummation of a merger of its wholly-owned subsidiary,Grill Merger Sub, Inc. ("Merger Sub"), with and into BBQ Holdings without a vote of the BBQ Holdings stockholders in accordance with Section 302A.613(4) of the Minnesota Business Corporation Act (the "MBCA"). In the merger, each share of BBQ Holdings' common stock outstanding immediately prior to the effective time of the merger (other than any shares held in the treasury of BBQ Holdings, owned by MTY or any of its respective subsidiarie

The multi-brand restaurant company completed its largest acquisition to date with the $28 million purchase of the Phoenix-based Mexican dining and tequila concept. MINNETONKA, Minn., April 12, 2022 /PRNewswire-PRWeb/ -- BBQ Holdings, Inc. the multi-brand restaurant company behind restaurant concepts such as Famous Dave's, Granite City Food and Brewery, Real Urban BBQ, Village Inn, Bakers Square and Tahoe Joe's Famous Steakhouse, completed the acquisition of Barrio Queen, the Phoenix, Arizona-based Mexican fine-dining restaurant, on April 11th for $28 million. The deal is the company's largest purchase to date and the third over the past year. Barrio Queen was founded in 2011 and is known for

MINNETONKA, Minn., July 30, 2021 (GLOBE NEWSWIRE) -- BBQ Holdings, Inc., the multi-brand restaurant company behind fan-favorite restaurant concepts such as Famous Dave's and Granite City Food & Brewery, announced today it has completed the acquisition of Village Inn, a family restaurant concept with 21 company-owned restaurants and 114 franchised restaurants, and Bakers Square, a pie and comfort food concept with 12 company-owned restaurants. Since 1958, guests have visited Village Inn because they can enjoy great-tasting food and extra-friendly service in a clean and comfortable family-friendly environment. Their breakfast heritage remains made-from-scratch buttermilk pancakes, eggs cook

Coral Springs, FL, June 28, 2021 (GLOBE NEWSWIRE) -- Dear BBQ Holdings Board of Directors, Congratulations on the exceptional purchase of Village Inn & Bakers Square, we look forward to the sizeable free cash flow and growth this new asset will provide – along with BBQ Holdings, Inc. (NASDAQ:BBQ) existing businesses. We are troubled by the dilution given the $21M in cash on the balance sheet combined with a robust free cash flow outlook and stark undervaluation of the shares. We are offering the company a $5M convertible preferred financing at 5% and convertible into common stock at $20/share, with few restrictive covenants. We urge the board to act in the best interest of shareholders b

Craig Hallum downgraded BBQ Holdings from Buy to Hold

Craig-Hallum upgraded BBQ Hldgs from Hold to Buy and set a new price target of $15.00 from $5.00 previously

The diner concepts will launch a systemwide effort on April 3rd to support the nonprofit organization, including Pancakes for a Purpose and a give-back percentage for pancake orders. MINNETONKA, Minn., April 9, 2024 /PRNewswire/ -- Village Inn and Bakers Square, two iconic restaurant brands under the BBQ Holdings umbrella, will launch an initiative benefiting Make-A-Wish during World Wish Month in April. In addition to a limited-time pancake offering, the brands are working to raise awareness for wish kid Isis, who was diagnosed with lymphoma. Isis' favorite things include the color blue, snow and eating with her family at Village Inn. "Make-A-Wish is a powerful organization that brightens

The well-known BBQ franchise is hosting the competition to promote innovation and find the best pitmaster in the United States. MINNETONKA, Minn., May 9, 2023 /PRNewswire-PRWeb/ -- Barbeque enthusiasts take heed: Famous Dave's of America (FDA) has announced their effort to find the best barbeque teams in the country. Their new partnership with the World Food Championships (WFC) will answer once and for all who wears the crown of best pitmaster in the country. The Famous Dave's All-Star BBQ Series, which kicks off this May in Las Vegas, will feature both celebrity and local pitmasters facing off in a multi-category barbecue challenge at Famous Dave's restaurants throughout the country. Winnin

MONTREAL, Sept. 28, 2022 /PRNewswire/ -- MTY Food Group Inc. ("MTY") (TSX:MTY) is pleased to announce that it has completed the acquisition of BBQ Holdings, Inc. ("BBQ Holdings") (NASDAQ:BBQ) through the consummation of a merger of its wholly-owned subsidiary, Grill Merger Sub, Inc. ("Merger Sub"), with and into BBQ Holdings without a vote of the BBQ Holdings stockholders in accordance with Section 302A.613(4) of the Minnesota Business Corporation Act (the "MBCA"). In the merger, each share of BBQ Holdings' common stock outstanding immediately prior to the effective time of the merger (other than any shares held in the treasury of BBQ Holdings, owned by MTY or any of its respective subsidiar

MONTREAL, Sept. 27, 2022 /CNW Telbec/ - MTY Food Group Inc. ("MTY") (TSX:MTY) is pleased to announce that it has completed the acquisition of BBQ Holdings, Inc. ("BBQ Holdings") (NASDAQ:BBQ) through the consummation of a merger of its wholly-owned subsidiary,Grill Merger Sub, Inc. ("Merger Sub"), with and into BBQ Holdings without a vote of the BBQ Holdings stockholders in accordance with Section 302A.613(4) of the Minnesota Business Corporation Act (the "MBCA"). In the merger, each share of BBQ Holdings' common stock outstanding immediately prior to the effective time of the merger (other than any shares held in the treasury of BBQ Holdings, owned by MTY or any of its respective subsidiarie

MONTREAL, Sept. 26, 2022 /CNW/ - MTY Food Group Inc. (TSX:MTY) ("MTY") today announced the successful completion of its previously announced tender offer for all of the outstanding shares of common stock of BBQ Holdings, Inc. (NASDAQ:BBQ) ("BBQ Holdings"), at a per share price of $17.25 USD in cash, without interest and less any applicable withholding taxes. The tender offer was effected by Grill Merger Sub, Inc. ("Merger Sub"), a wholly owned subsidiary of MTY. The depositary for the tender offer has advised MTY that, as of the expiration of the tender offer at one minute following 11:59 p.m. (12:00 midnight), Eastern Time, on September 21, 2022,  9,724,637  shares of BBQ Holdings' common s

MONTREAL, Aug. 9, 2022 /CNW Telbec/ - MTY Food Group Inc. ("MTY" or the "Company") (TSX:MTY) and BBQ Holdings, Inc. ("BBQ Holdings") (NASDAQ:BBQ) today announced they have entered into a definitive merger agreement (the "Merger Agreement") under which MTY would acquire all of the issued and outstanding common shares of BBQ Holdings for cash consideration of US$17.25 per BBQ Holdings share representing total transaction value of approximately US$200 million (C$257 million) (the "Transaction"), including BBQ Holdings' net debt. The terms and conditions of the Merger Agreement were unanimously approved by the Boards of Directors of both companies. The Transaction is subject to customary closing

Montreal, Aug. 09, 2022 (GLOBE NEWSWIRE) -- MONTREAL, August 9th, 2022 - MTY Food Group Inc. ("MTY" or the "Company") (TSX:MTY) and BBQ  Holdings, Inc. ("BBQ Holdings") (NASDAQ:BBQ) today announced they have entered into a definitive merger agreement (the "Merger Agreement") under which MTY would acquire all of the issued and outstanding common shares of BBQ Holdings for cash consideration of US$17.25 per BBQ Holdings share representing total transaction value of approximately US$200 million (C$257 million) (the "Transaction"), including BBQ Holdings' net debt. The terms and conditions of the Merger Agreement were unanimously approved by the Boards of Directors of both companies. The Trans

MINNEAPOLIS, May 10, 2022 (GLOBE NEWSWIRE) -- BBQ Holdings, Inc. (NASDAQ:BBQ) (the "Company"), an innovating global franchisor, owner and operator of restaurants, today reported financial results for the first fiscal quarter ended April 3, 2022. First Quarter Highlights:               First Quarter(dollars in thousands, except per share data)  2022  2021  2020  2019 Total revenue $64,184 $37,319 $23,855 $14,193 Net income (loss) $767 $799 $13,707 $82 Earnings (loss) per diluted share $0.07 $0.08 $1.49 $0.01 Adjusted net income (loss) $1,138 $811 $(484)$489 Adjusted earnings (loss) per diluted share $0.11 $0.09 $(0.05)$0.05 Cash EBITDA $3,748 $3,220 $(457)$1,030 Restaurant-level margins  6

Richard A. Shapiro Appointed to Board; Brian Laibow Departs DALLAS, May 9, 2022 /PRNewswire/ -- Elah Holdings, Inc. (OTC:ELLH) announced today the appointment of new independent director and the resignation of an existing member. Richard A. Shapiro has been appointed as a Class I director to the Elah Holdings Board of Directors, effective May 3, 2022. Mr. Shapiro has an almost three decade career in investment management and is currently the Founder and Chief Investment Officer of Ridge Run Partners, LLC. Formerly, he was a Managing Director of Millennium Management LLC and a

The leading barbecue restaurant chain owned by BBQ Holdings, continues its drive to boost labor productivity and guest experience at all locations across the U.S with Presto Presto, a leader in the restaurant hospitality technology industry, has been selected by Famous Dave's, owned by BBQ Holdings (NASDAQ:BBQ), as the exclusive provider of its next generation pay-at-table solutions. Designed to provide a faster and more delightful guest experience, boost guest loyalty sign-ups and improve labor productivity, the Presto pay-at-table systems will roll-out to the corporate Famous Dave's restaurants in the United States over the next few months. This partnership will enable Famous Dave's to

Richard A. Shapiro Appointed to Board; Brian Laibow Departs DALLAS, May 9, 2022 /PRNewswire/ -- Elah Holdings, Inc. (OTC:ELLH) announced today the appointment of new independent director and the resignation of an existing member. Richard A. Shapiro has been appointed as a Class I director to the Elah Holdings Board of Directors, effective May 3, 2022. Mr. Shapiro has an almost three decade career in investment management and is currently the Founder and Chief Investment Officer of Ridge Run Partners, LLC. Formerly, he was a Managing Director of Millennium Management LLC and a

MONTREAL, Sept. 28, 2022 /PRNewswire/ -- MTY Food Group Inc. ("MTY") (TSX:MTY) is pleased to announce that it has completed the acquisition of BBQ Holdings, Inc. ("BBQ Holdings") (NASDAQ:BBQ) through the consummation of a merger of its wholly-owned subsidiary, Grill Merger Sub, Inc. ("Merger Sub"), with and into BBQ Holdings without a vote of the BBQ Holdings stockholders in accordance with Section 302A.613(4) of the Minnesota Business Corporation Act (the "MBCA"). In the merger, each share of BBQ Holdings' common stock outstanding immediately prior to the effective time of the merger (other than any shares held in the treasury of BBQ Holdings, owned by MTY or any of its respective subsidiar

  BBQ Hldgs (NASDAQ:BBQ) has outperformed the market over the past 5 years by 20.1% on an annualized basis producing an average annual return of 32.14%. Currently, BBQ Hldgs has a market capitalization of $184.21 million. Buying $100 In BBQ: If an investor had bought $100 of BBQ stock 5 years ago, it would be worth $412.53 today based on a price of $17.12 for BBQ at the time of writing. BBQ Hldgs's Performance Over Last 5 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine and r

  Upgrades Evercore ISI Group upgraded the previous rating for Deere & Co (NYSE:DE) from In-Line to Outperform. In the second quarter, Deere showed an EPS of $6.81, compared to $5.68 from the year-ago quarter. The current stock performance of Deere shows a 52-week-high of $446.76 and a 52-week-low of $283.81. Moreover, at the end of the last trading period, the closing price was at $352.36. Barrington Research upgraded the previous rating for Landec Corp (NASDAQ:LNDC) from Market Perform to Outperform. Landec earned $0.01 in the fourth quarter, compared to $0.07 in the year-ago quarter. At the moment, the stock has a 52-week-high of $12.04 and a 52-week-low of $8.70. Landec closed at $1

Craig-Hallum analyst Alex Fuhrman downgrades BBQ Hldgs (NASDAQ:BBQ) from Buy to Hold.

Gainers AeroClean Technologies, Inc. (NASDAQ:AERC) gained 60.1% to settle at $7.27 on Tuesday after the company was granted US patent for an air treatment system and method. BBQ Holdings, Inc. (NASDAQ:BBQ) jumped 46.6% to close at $17.18 after the company announced MTY Food Group entered into a definitive merger agreement to acquire all of the outstanding shares of the company for $17.25 per share. Verona Pharma plc (NASDAQ:VRNA) shares climbed 44.3% to close at $10.03 on Tuesday after the company announced ensifentrine met its primary endpoint and secondary endpoints in the Phase 3 ENHANCE-2 trial for COPD. The company also reported Q2 earnings results. FaZe Holdings Inc. (NASDAQ:FA

U.S. stocks traded lower toward the end of trading, with the Dow Jones dropping more than 100 points on Tuesday. The Dow traded down 0.34% to 32,720.07 while the NASDAQ fell 1.38% to 12,470.08. The S&P also fell, dropping, 0.62% to 4,114.40. Also check this: Tyson Foods, Take-Two Interactive And 3 Stocks To Watch Heading Into Monday Leading and Lagging Sectors Energy shares climbed 1.5% on Tuesday. Meanwhile, top gainers in the sector included Comstock Resources, Inc. (NYSE:CRK), up 8% and Par Pacific Holdings, Inc. (NYSE:PARR) up 8%. In trading on Tuesday, consumer discretionary shares fell by 1.7%. Top Headline U.S. non-farm labor productivity declined an annualized 4.6% in

  Gainers BBQ Hldgs (NASDAQ:BBQ) stock rose 46.1% to $17.14 during Tuesday's regular session. Trading volume for this security as of 13:30 EST is 1.2 million, which is 4826.8% of its average full-day volume over the last 100 days. The company's market cap stands at $184.3 million. RumbleON (NASDAQ:RMBL) stock increased by 18.34% to $24.19. RumbleON's stock is trading at a volume of 258.3K shares as of 13:30 EST. This is 125.4% of its average full-day volume over the last 100 days. The company's market cap stands at $400.4 million. As per the news, the Q2 earnings report came out today. Tuesday Morning (NASDAQ:TUEM) shares moved upwards by 16.33% to $0.42. As of 13:30 EST, Tuesday Morni

Gainers Verona Pharma plc (NASDAQ:VRNA) shares jumped 83.6% to $12.70 after the company announced ensifentrine met its primary endpoint and secondary endpoints in the Phase 3 ENHANCE-2 trial for COPD. The company also reported Q2 earnings results. eFFECTOR Therapeutics, Inc. (NASDAQ:EFTR) shares surged 49.3% to $1.3405. eFFECTOR Therapeutics appointed Douglas Warner, M.D., as chief medical officer. ReTo Eco-Solutions, Inc. (NASDAQ:RETO) gained 47% to $1.0799 after the company announced its subsidiary REIT Ecological Technology has won the bid for the Longxi County Comprehensive Land Management and Logistics Zone EOD Project. BBQ Holdings, Inc. (NASDAQ:BBQ) gained 45.6% to $17.06 afte

U.S. stocks traded lower midway through trading, with the Nasdaq dropping around 1.5% on Tuesday. The Dow traded down 0.12% to 32,794.11 while the NASDAQ fell 1.54% to 12,450.29. The S&P also fell, dropping, 0.55% to 4,117.34. Also check this: Tyson Foods, Take-Two Interactive And 3 Stocks To Watch Heading Into Monday Leading and Lagging Sectors Energy shares climbed 1.4% on Tuesday. Meanwhile, top gainers in the sector included Comstock Resources, Inc. (NYSE:CRK), up 8% and Par Pacific Holdings, Inc. (NYSE:PARR) up 8%. In trading on Tuesday, consumer discretionary shares fell by 2%. Top Headline U.S. non-farm labor productivity declined an annualized 4.6% in the second quarte

U.S. stocks traded mixed this morning, with the Nasdaq dropping around 90 points on Tuesday. Following the market opening Tuesday, the Dow traded up 0.06% to 32,853.24 while the NASDAQ fell 0.75% to 12,549.06. The S&P also fell, dropping, 0.14% to 4,134.32. Also check this: Tyson Foods, Take-Two Interactive And 3 Stocks To Watch Heading Into Monday Leading and Lagging Sectors Energy shares climbed 0.9% on Tuesday. Meanwhile, top gainers in the sector included W&T Offshore, Inc. (NYSE:WTI), up 19% and Forum Energy Technologies Inc (NYSE:FET) up 8%. In trading on Tuesday, information technology shares fell by 1.2%. Top Headline U.S. non-farm labor productivity declined an annua