Meritage Reports Acquisition of Two Wendy's Restaurants in Jacksonville Designated Market Area
13 9월 2013 - 10:44PM
Marketwired
Meritage Hospitality Group Inc. (OTCQX: MHGU), one of the nation's
premier restaurant operators, announced the acquisition of two
Wendy's restaurants in the Jacksonville, FL designated market area.
The newly acquired Wendy's restaurants are located in Kingsland,
GA and Jacksonville, FL.
"On behalf of Meritage we wish to welcome our 90 new Wendy's
team members to the Company." stated Robert Schermer, Jr., CEO of
Meritage Hospitality Group. "Meritage remains committed to
acquisitions, new store development and the modernization of its
Wendy's restaurant portfolio," added Mr. Schermer.
In addition Meritage has commenced construction on three Wendy's
"Image Activation" remodel programs, which the company believes
will accelerate the brand transformation of its Wendy's
portfolio.
The Company is headquartered in Grand Rapids, MI and employs a
workforce of approximately 3,900 people. The Company owns and
operates 115 restaurants in six states including Florida, Georgia,
Michigan, North and South Carolina and Virginia.
The Company's public filings can be viewed at www.otcqx.com
under the stock symbol MHGU, or at the Company's website,
www.meritagehospitality.com.
SAFE HARBOR STATEMENT Certain information in this new release,
particularly information regarding future economic performance and
finances, and plans, expectations and objectives of management,
constitutes forward-looking statements. Factors set forth in our
Safe Harbor Statement, in addition to other possible factors not
listed, could affect the Company's actual results and cause such
results to differ materially from those expressed in
forward-looking statements.
Please review the Company's Safe Harbor Statement at
http://www.meritagehospitality.com
Meritage Hospitality (QX) (USOTC:MHGU)
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Meritage Hospitality (QX) (USOTC:MHGU)
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