Yum Brands (YUM) and The Habit Restaurants (HABT) merger information including expected completion date and offer price are displayed in the deal information table below.
This deal was successfully consummated on March 18, 2020
Merger Details | Value |
---|---|
Acquisition Target Stock Name | Habit Restaurants |
Acquisition Target Stock Ticker | HABT |
Acquirer Stock Name | Yum Brands |
Announcement Date | January 6, 2020 |
Expected Completion Date | June 30, 2020 |
Deal Value | $375m |
Offer Price | $14.00 |
Payment Method | All Cash Deal |
Initial SEC Filing | 8-K |
Investor Relations | HabitIR@habitburger.com |
Actual Completion Date | March 18, 2020 |
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The Habit Restaurants (NASDAQ: HABT) Merger - Acquisition News and Events
The Habit Restaurants Company Profile
The Habit Restaurants, Inc., a holding company, operates and franchises fast casual restaurants under The Habit Burger Grill name. It specializes in offering made-to-order char-grilled burgers and sandwiches featuring choice tri-tip steak, grilled chicken, and sushi-grade tuna cooked over an open flame; and salads, as well as sides, shakes, and malts. As of May 1, 2019, the company had 255 restaurants in California, Arizona, Utah, New Jersey, Florida, Idaho, Virginia, Nevada, Washington, Maryland, and Pennsylvania, as well as 5 international locations. The Habit Restaurants, Inc. was founded in 1969 and is headquartered in Irvine, California.