POV: You're watching MTY Food Group rebuffs Foodtastic’s $720M bid unfold live
MTY Food Group rebuffs Foodtastic’s $720M bid
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AI[Restaurants] Following a strategic review of its business, Cold Stone’s parent declined a takeover offer from Foodtastic, prompting the latter to to accuse the company of “unrealistic expectations.” [Restaurants] Canada-based restaurant group Foodtastic publicly revealed that it proposed a roughly $704.2 million take over of fellow Canadian restaurant franchisor MTY Food Group. The two sides are now clashing over…
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