FAT Brands (FAT) is up 63.02% to $10.07 and traded as high as $11.20 earlier in the session as investors digest the merger terms with Fog Cutter Capital ([[FCCG]]). Fog Cutter already held about 81% of FAT Brands shares before today's announcement. CEO statement: "We have taken a number of st...
FAT Brands (FAT) to combine with Fog Cutter Capital Group (FCCG), the company’s controlling stockholder.The merger will aid FAT Brands with increased financial flexibility and simplified corporate structure.In connection with merger, The company has declared a special stock divide...
Fog Cutter Capital Group Inc. (OTC:FCCG) (the C;Company D;), the parent company of FAT Brands Inc. (Nasdaq:FAT), today announced that on February 2, 2017, its Board of Directors adopted an amendment to the Company 9;s Rights Agreement, originally adopted on October 18, 2002 (...
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Fog Cutter Capital Group Inc. (OTC:FCCG) (the C;Company D;), the parent company of FAT Brands Inc. (Nasdaq:FAT), today announced that on February 2, 2017, its Board of Directors adopted an amendment to the Company 9;s Rights Agreement, originally adopted on October 18, 2002 (...