Rhône Group buys Freddy’s Frozen Custard & Steakburgers for $700m

Investment company Rhône Group has agreed to acquire the US restaurant chain Freddy's Frozen Custard & Steakburgers for $700m, inclusive of debt, as reported by Reuters. Freddy's, based in Wichita, Kansas, was established in 2002 by brothers Bill and Randy Simon and their business partner Scott…
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