Burger Merger: Fatburger Owner Is Buying Johnny Rockets for $25 Million
Burger lovers, rejoice: FAT Brands, the owner of Fatburger, is buying the 1950s diner-themed chain Johnny Rockets for $25 million. Like much of the restaurant industry, FAT Brands has been hit hard by the COVID-19 pandemic: The company said last week that sales for the second quarter plunged nearly 50 percent, and its stock was […]