Smashburger shores up coffers, puts off need for IPO

06/23/2013 | Wall Street Journal, The

Denver-based Smashburger secured a $35 million loan from Golub Capital that, together with previously raised financing and cash flow, gives the chain enough expansion capital for two or three more years without going public, CEO David Prokupek said. The news is disappointing to some investors who were hoping for a Smashburger IPO to follow offerings from other restaurants.

View Full Article in:

Wall Street Journal, The

Published in Brief:

SmartBrief Job Listings for Business

Job Title Company Location
Manager, Technical Staffing
U.S. Cellular
Chicago, IL
Human Resource Director
Salt Lake City, UT
Vice-President of Global Sales
Lindsay Corporation
Hartland, WI
Chief Operations Officer
Delta Community Supports
Blue Bell, PA
Administrative Management Specialist
Smithsonian Institute
Washington, DC