Nothing but negotiation

 
The Gap Partnership

O'Charleys merged into ABRH

ABRH and O'Charleys have merged.

01 June 2012

The merger of American Blue Ribbon Holdings (ABRH) and O'Charley's has been announced by O'Charleys owner Fidelity National Financial (FNF).

Previously, FNF owned 45 per cent of ABRH, but will now own 55 per cent of the tied-up entity.

Merger and acquisition consultants could have assisted in the transaction and FNF is now to consolidate ABRH's financial results for the second quarter of 2012.

The deal involved FNF making a $120 million (£78 million) aggregate cash investment for ABRH, following the closure of a five-year credit facility and the repayment by ABRH of a FNF intercompany note.

ABRH operates and owns 674 different restaurants under six different brands, including Stoney River Legendary Steaks, Max & Ermas, Village Inn, Bakers Square, Legendary Baking and O'Charleys.

It has total yearly revenue of an estimated $1.3 billion and has been in existence since 1958, when the Village Inn Pancake House was first opened to the public.

Posted by Edel Quinn

Source: FNF press release, May 31st

Gap News

March 2014

The Negotiation Roadshow 2014

Generating value through creative negotiation

Read more


July 2013

Trading Global: Negotiating in the Far East

The Gap Partnership are hosting a complimentary Lunch & Learn seminar in association with UK Trade & Investment

Read more


April 2013

GroceryAid Negotiation Event Raises £26,550

The Gap Partnership, in conjunction with Asda, SC Johnson and Waitrose, host one-day negotiation workshop

Read more


February 2013

Trading Global - Negotiating in the Far East

What is the impact of cultural differences on your negotiations?

Read more


December 2012

The Gap Partnership Release New Negotiation Video

The Nothing but Negotiation video series continues with collaborative negotiation

Read more