Sun Capital Partners to purchase Friendly Ice Cream

06/18/2007 | Boston Globe (tiered subscription model), The

Freeze Operations Holding Corp., an affiliate of Florida-based Sun Capital Partners, will acquire Friendly Ice Cream Corp. for $337.2 million. "Friendly's is an iconic brand name in the family restaurant sector and we are excited to add this great franchise to our portfolio of restaurant investments," Sun Capital Partners' managing director Gary Talarico said.

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Boston Globe (tiered subscription model), The

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