Analyzing the Anatomy of a Buyout: Lessons from Denny's Acquisition

Denny's agreed to be taken private by a group of investment firms for $620 million, valuing the company at $6.25 per share. The acquisition was one of the reasons I recommended Denny's in June, citing its undervalued assets and potential for growth. The deal is a success for Wide Moat Confidential, which closed the trade for a 45% return in four and a half months. The article also discusses the characteristics of companies that are likely acquisition targets, including having undervalued assets and potential for growth.