Advertisement

The shareholders of Hardee's Food Systems, Inc., of Rocky...

MONTREAL -- The shareholders of Hardee's Food Systems, Inc., of Rocky Mount, N.C., approved Thursday the firm's merger with Imasco Ltd. of Montreal, Imasco chairman and CEO Paul Pare announced.

Pare said the shareholders 'overwhelmingly' approved the takeover, under which Imasco will acquire all outstanding shares of Hardee's for $28 (U.S.) per share, at a total of about $85 million (U.S.).

Advertisement

Hardee's has 1,324 restaurants in the United States, the Middle East and Japan, 494 of them company-operated and 830 franchised.

Latest Headlines

Advertisement
Advertisement

Follow Us

Advertisement