12/27/2013

Roark Capital Group announced it has acquired a majority stake in Carl's Jr. and Hardee's owner CKE Inc. The acquisition includes 3,413 restaurants around the world that generate approximately $4 billion in revenue annually. CKE is the 17th restaurant brand in Roark's portfolio. "CKE is a well-run business with an excellent management team and passionate franchisees," said Roark managing partner Neal Aronson.

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