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Firefox

Member Since 08 Sep 2009
Last Active Today, 08:18 AM
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Posts I've Made

In Topic: Bojangles Going Public

08 April 2015 - 08:13 AM

He owns/ed one of their larger franchise groups.

That was Hardees.  And no he didn't start and own Hardees either.

 

Hardee's founder, Wilbur Hardee, opened his first restaurant in Greenville, North Carolina, on September 9, 1960.[7] On the strength of its distinctive burger menu items, including the Huskee, the chain experienced rapid growth by franchising and, to a lesser extent, by acquiring other restaurant chains. The first company store opened in Rocky Mount, North Carolina, in May 1961 by James Carson Gardner and Leonard Rawls on McDonald St. in downtown Rocky Mount. That location has since been razed.[8] According to Wilbur Hardee, Gardner and Rawls won a controlling share of the company from him in a game of poker. After realizing that he lost control over his namesake company, Hardee sold his remaining shares to them as well.[9] The chain was headquartered in Rocky Mount until 2001.

 

Jerry Richardson (owner of the Carolina Panthers of the NFL) following his NFL career embarked on a successful business career. Richardson used his 1959 NFL championship bonus with the help of Charles Bradshaw to open the first Hardee's Franchise in Spartanburg, South Carolina. The two ended up owning the Hardee's business 50/50. The business expanded rapidly under his hands-on management style. From headquarters in Spartanburg, he co-founded Spartan Foods which was the first franchisee of Hardee's. He later was the CEO of Flagstar, which was the sixth largest food service company in the nation, controlling 2,500 restaurants and 100,000 employees, and retired in 1995.

 

http://en.wikipedia.org/wiki/Hardee's


In Topic: Bojangles Going Public

08 April 2015 - 08:07 AM

In before somebody says "Jerry Richardson owns Bojangles."

 

Bojangles' Famous Chicken 'n Biscuits is a Southeastern regional chain of fast food restaurants based in Charlotte, North Carolina,[2] specializing in spicy, "Cajun" fried chicken and buttermilk biscuits. The company was founded in Charlotte, in 1977 by Jack Fulk and Richard Thomas.

 

Jack Fulk sold the Bojangles' concept to the now defunct New York company, The Horn & Hardart Company,[4] in 1981.

 

During the time of Horn and Hardart's ownership the chain grew rapidly and expanded to 335 restaurants including 100 restaurants in Florida. Part of this growth was fueled by acquisitions including the Florida-based Biskits chain. The company opened its 600th restaurant on July 8, 2014, on Galleria Road in Charlotte.[5]

 

In 1990, Horn and Hardart sold most of its interest to Sienna Partners and Interwest Partners. The company was then headed by former KFC executive, Dick Campbell. In 1994 the company attempted a public offering. Dick Campbell was subsequently replaced by CEO Jim Peterson. The company was sold to a group of investors headed by former Wendy's executive Joe Drury and financed by FMAC in 1998.[6]

 

Bojangles' was purchased once again in 2007 by Falfurrias Capital Partners,[7] a private equity firm. In August 2011, Falfurrias sold Bojangles' to Boston-based Advent International, another private equity firm, led by operating partner Will Kussell, formerly of Dunkin’ Donuts.[8]

 

http://en.wikipedia....ken_'n_Biscuits


In Topic: Bojangles Going Public

08 April 2015 - 07:58 AM

No company ever goes public because things are going great. Companies go public because they need cash and they need it fast. It's either for massive expansion or because they are hemorrhaging money badly. Let the buyer beware.

 

It will not receive any IPO proceeds

All of the common stock on offer in the IPO is being sold by selling stockholders. That means the company won't receive any proceeds from the sale of shares, including any shares sold if the underwriters exercise their green shoe option.

 

http://www.marketwat...-ipo-2015-04-07


In Topic: NFL Drops Lawsuit Against Mecklenburg County District Attorney's Office

07 April 2015 - 11:36 AM

Jesus you people cry and nitpick over everything so I forgot to put Hardy and the DA. The link includes Hardys name as well in the topic

 

Still wrong :startle:


In Topic: NFL Drops Lawsuit Against Mecklenburg County District Attorney's Office

07 April 2015 - 11:28 AM

"The NFL has dropped its lawsuit against the Mecklenburg County District Attorney's Office"