Del Taco Restaurants Inc

NASDAQ:TACO  
12.46
-0.02 (-0.16%)
4:01:15 PM EDT: $12.48 +0.02 (+0.16%)
Earnings Announcements, Mergers / Acquisitions

Jack In The Box To Acquire Del Taco, Combining Two Challenger Brands To Create Substantial Opportunities For Growth And Increased Profitability

Published: 12/06/2021 15:59 GMT
Del Taco Restaurants Inc (TACO) - Jack in the Box to Acquire Del Taco, Combining Two Challenger Brands to Create Substantial Opportunities for Growth and Increased Profitability.
Jack in the Box Inc - Acquire Del Taco for $12.51 per Share in Cash in a Transaction Valued at Approximately $575 Million.
Jack in the Box Inc - Deal Expected to Be Immediately Accretive to Jack in Box Eps.
Jack in the Box - Estimates That Transaction Values Del Taco at a Synergy Adjusted Multiple of About 7.6x Trailing Twelve Months Adjusted EBITDA.
Jack in the Box Inc - Expects Combined Company to Realize Run-rate Strategic and Cost Synergies of Approximately $15 Million by End of Fiscal Year 2023.
Jack in the Box Inc - Intends to Finance Acquisition Through Issuance of Additional Securitization Notes.
Revenue is expected to be $162.26 Million
Adjusted EPS is expected to be $0.14

Next Quarter Revenue Guidance is expected to be $120.11 Million
Next Quarter EPS Guidance is expected to be $0.06

More details on our Analysts Page.