Southern Calif.-based burger chain johnny Rockets sold to private equity firm
Johnny Rockets, the Southern California-based burger chain with 1950s flair, has been sold to a private equity firm that targets underperforming and specialty companies.
J & J Snack Foods Corp. anounced today that it has purchased 400,000 shares of its common stock from Gerald B. Shreiber, its Chairman, President and Chief Executive Officer, on Monday, November 17 at a purchase price of $27.90 per share, and has subsequently retired the shares.