September 7, 2017
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The owner of the Fatburger brand has completed the $10.5 million acquisition of Homestyle Dining, parent company of the Ponderosa and Bonanza Steakhouse brands.
Fatburger is getting a friend. The burger chain’s Beverly Hills-based parent company Fat Brands Inc. has agreed to acquire Plano, Texas-based restaurant franchisor Homestyle Dining for $10.6 million, the company announced on Wednesday.