Bojangles' To Be Sold In Early 2019 In Cash Deal

CHARLOTTE, NC — Bojangles' will soon have a new owner.

The Charlotte-based fried chicken chain announced Tuesday that it has entered an agreement with Durational Capital Management LP and The Jordan Company, L.P. in an all-cash deal. Bojangles' stockholders will receive $16.10 per share, which represents a 39-percent premium to the closing share price of February 12, 2018.

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