CKE Restaurants: A Burger Bidding War
April 07, 2010 at 10:59 AM EDT
On Wednesday morning, CKE Restaurants (CKR) disclosed they were in talks with an alternative bidder than they expect should reasonably lead to a “superior proposal” to the $11.05 per share offered by Thomas H. Lee Partners in February. The new entrant into the bidding has remained anonymous to this point, and the amount of [...]