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September 29, 1998 | From a Times Staff Writer
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.
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September 29, 1998 | From a Times Staff Writer
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.
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