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Rally S Hamburgers Inc

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BUSINESS
March 27, 1998 | Russ Stanton
Green Burrito parent GB Foods Corp. said Thursday it will pair up with a Rally's restaurant in Los Angeles to sell its Mexican food alongside Rally's hamburgers. The restaurant, on Venice Boulevard, will offer a limited menu of Green Burrito items and will be operated by Carl's Jr. parent CKE Enterprises, which owns stakes in both GB and Rally's. The experiment, designed to improve sales at the Rally's location, will last one year. If successful, it will be expanded to other Rally's restaurants.
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BUSINESS
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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BUSINESS
April 23, 1996 | GREG JOHNSON
Beverly Hills-based Giant Group Ltd. said Monday that it has withdrawn its plan to increase its 47% stake in Rally's Hamburgers Inc., the Louisville-based fast-food company. Giant Group, the target of an uninvited takeover bid by Irvine-based title insurer Fidelity National Financial Inc., earlier said it planned to increase its holdings to 79.9% by swapping Giant Group preferred stock for Rally's common shares.
BUSINESS
March 27, 1998 | Russ Stanton
Green Burrito parent GB Foods Corp. said Thursday it will pair up with a Rally's restaurant in Los Angeles to sell its Mexican food alongside Rally's hamburgers. The restaurant, on Venice Boulevard, will offer a limited menu of Green Burrito items and will be operated by Carl's Jr. parent CKE Enterprises, which owns stakes in both GB and Rally's. The experiment, designed to improve sales at the Rally's location, will last one year. If successful, it will be expanded to other Rally's restaurants.
BUSINESS
May 23, 1996 | GREG JOHNSON, TIMES STAFF WRITER
CKE Restaurants Inc. has agreed to take over 28 Rally's Hamburgers Inc. locations in California and Arizona and operate most of them as Carl's Jr. units, the companies said Wednesday. The deal would let the 660-unit Carl's Jr. expand its presence in California by quickly adding new locations and help Louisville, Ky.-based Rally's eliminate costs associated with the far-flung group of restaurants. "The closest company-operated units we have are in St.
BUSINESS
May 23, 1996 | Times Staff and Wire Reports
Carl's Jr. Owner to Take Over 28 Rally's Sites: CKE Restaurants Inc. has agreed to take over 28 Rally's Hamburgers Inc. locations in California and Arizona and operate most of them as Carl's Jr. units, the companies said. The deal would let the 660-unit Carl's Jr. expand its presence in California by quickly adding new locations and help Louisville, Ky.-based Rally's eliminate costs associated with the far-flung group of restaurants.
BUSINESS
December 20, 1995 | Times Staff and Wire Reports
Suit Alleges Insider Trading in Rally's Acquisition: Orange County businessman William P. Foley II was accused in a lawsuit of illegally using insider information to acquire more than 8% of the company that controls the troubled Rally's Hamburgers Inc. chain. The suit, filed in U.S. District Court, also alleges that the chairman of Irvine-based Fidelity National Financial Inc. and CKE Restaurants in Anaheim failed to accurately report how much Giant Group Ltd.
BUSINESS
March 27, 1997 | From Times Staff and Wire Reports
Checkers Drive-In Restaurants Inc. said it plans to buy Rally's Hamburgers Inc. for about $178.5 million in stock and debt in a deal that would create a chain of 949 burger restaurants. The deal, observers said, was brokered by CKE Restaurants Inc., the parent company of the Anaheim-based Carl's Jr. chain. CKE owns stakes in both Rally's and Checkers and CKE Chief Operating Officer Tom Thompson also serves as Checkers' vice chairman and chief executive officer.
BUSINESS
November 30, 1996 | Times Staff and Wire Reports
CKE Restaurants Inc., parent of the Carl's Jr. hamburger chain, said it raised its stake in Rally's Hamburgers Inc. to about 18%. Anaheim-based CKE, which first bought 2.3 million shares of Rally's last spring as part of a deal to operate Rally's restaurants in the West, said it exercised options to buy 587,607 additional shares at $3 each. Rally's is a Louisville, Ky.-based chain of 474 restaurants that is owned by Giant Group Ltd. of Beverly Hills.
BUSINESS
June 17, 1997 | GREG JOHNSON, TIMES STAFF WRITER
Deal-maker William P. Foley II's fast-track plan to build a national restaurant company around his Carl's Jr. chain hit a speed bump on Monday when Rally's Hamburgers Inc. and Checkers Drive-In Restaurants Inc. abandoned a planned merger. The two companies dropped their previously announced merger after determining that the Securities and Exchange Commission planned to subject the deal to accounting methods that would cause "financial problems," the companies said.
BUSINESS
June 17, 1997 | GREG JOHNSON, TIMES STAFF WRITER
Deal-maker William P. Foley II's fast-track plan to build a national restaurant company around his Carl's Jr. chain hit a speed bump on Monday when Rally's Hamburgers Inc. and Checkers Drive-In Restaurants Inc. abandoned a planned merger. The two companies dropped their previously announced merger after determining that the Securities and Exchange Commission planned to subject the deal to accounting methods that would cause "financial problems," the companies said.
BUSINESS
June 17, 1997 | GREG JOHNSON, TIMES STAFF WRITER
Deal maker William P. Foley II's fast-track plan to build a national restaurant company around his Carl's Jr. chain hit a speed bump on Monday when Rally's Hamburgers Inc. and Checkers Drive-In Restaurants Inc. abandoned a planned merger. The two companies dropped their previously announced plans after determining that the Securities and Exchange Commission intended to subject the deal to accounting methods that would cause "financial problems," the companies said.
BUSINESS
March 27, 1997 | From Times Staff and Wire Reports
Checkers Drive-In Restaurants Inc. said it plans to buy Rally's Hamburgers Inc. for about $178.5 million in stock and debt in a deal that would create a chain of 949 burger restaurants. The deal, observers said, was brokered by CKE Restaurants Inc., the parent company of the Anaheim-based Carl's Jr. chain. CKE owns stakes in both Rally's and Checkers and CKE Chief Operating Officer Tom Thompson also serves as Checkers' vice chairman and chief executive officer.
BUSINESS
November 30, 1996 | Times Staff and Wire Reports
CKE Restaurants Inc., parent of the Carl's Jr. hamburger chain, said it raised its stake in Rally's Hamburgers Inc. to about 18%. Anaheim-based CKE, which first bought 2.3 million shares of Rally's last spring as part of a deal to operate Rally's restaurants in the West, said it exercised options to buy 587,607 additional shares at $3 each. Rally's is a Louisville, Ky.-based chain of 474 restaurants that is owned by Giant Group Ltd. of Beverly Hills.
BUSINESS
May 23, 1996 | GREG JOHNSON, TIMES STAFF WRITER
CKE Restaurants Inc. has agreed to take over 28 Rally's Hamburgers Inc. locations in California and Arizona and operate most of them as Carl's Jr. units, the companies said Wednesday. The deal would let the 660-unit Carl's Jr. expand its presence in California by quickly adding new locations and help Louisville, Ky.-based Rally's eliminate costs associated with the far-flung group of restaurants. "The closest company-operated units we have are in St.
BUSINESS
May 23, 1996 | Times Staff and Wire Reports
Carl's Jr. Owner to Take Over 28 Rally's Sites: CKE Restaurants Inc. has agreed to take over 28 Rally's Hamburgers Inc. locations in California and Arizona and operate most of them as Carl's Jr. units, the companies said. The deal would let the 660-unit Carl's Jr. expand its presence in California by quickly adding new locations and help Louisville, Ky.-based Rally's eliminate costs associated with the far-flung group of restaurants.
BUSINESS
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.
BUSINESS
June 17, 1997 | GREG JOHNSON, TIMES STAFF WRITER
Deal maker William P. Foley II's fast-track plan to build a national restaurant company around his Carl's Jr. chain hit a speed bump on Monday when Rally's Hamburgers Inc. and Checkers Drive-In Restaurants Inc. abandoned a planned merger. The two companies dropped their previously announced plans after determining that the Securities and Exchange Commission intended to subject the deal to accounting methods that would cause "financial problems," the companies said.
BUSINESS
April 23, 1996 | GREG JOHNSON
Beverly Hills-based Giant Group Ltd. said Monday that it has withdrawn its plan to increase its 47% stake in Rally's Hamburgers Inc., the Louisville-based fast-food company. Giant Group, the target of an uninvited takeover bid by Irvine-based title insurer Fidelity National Financial Inc., earlier said it planned to increase its holdings to 79.9% by swapping Giant Group preferred stock for Rally's common shares.
BUSINESS
December 20, 1995 | Times Staff and Wire Reports
Suit Alleges Insider Trading in Rally's Acquisition: Orange County businessman William P. Foley II was accused in a lawsuit of illegally using insider information to acquire more than 8% of the company that controls the troubled Rally's Hamburgers Inc. chain. The suit, filed in U.S. District Court, also alleges that the chairman of Irvine-based Fidelity National Financial Inc. and CKE Restaurants in Anaheim failed to accurately report how much Giant Group Ltd.
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