Gian Group Ltd

Resurrecting a deal that fell apart last year, Rally's Hamburgers Inc. said Monday it will acquire Giant Group Inc. and the rest of Checkers Drive-In Restaurants Inc. that it doesn't already own for about $65 million in stock. The complex transaction completes a plan by William P. Foley II, the chairman of Carl's Jr. parent CKE Enterprises Inc. in Anaheim, to bring the operations of the two chains under one roof. Clearwater, Fla.

Resurrecting a deal that fell apart last year, Rally's Hamburgers Inc. said Monday it will acquire Giant Group Inc. and the rest of Checkers Drive-In Restaurants Inc. that it doesn't already own for about $65 million in stock. The complex transaction completes a plan by William P. Foley II, the chairman of Carl's Jr. parent CKE Enterprises Inc. in Anaheim, to bring the operations of the two chains under one roof. Clearwater, Fla.