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Smashburger Explores "Strategies"


Popular fast casual chain Smashburger is exploring its options, including the possibility of a buyout or an IPO, according to Nation's Restaurant News. The company recently hired North Point Advisors and Bank of America Merrill Lynch to look at the possibilities and determine "when and if and how," according to CEO Scott Crane. Smashburger currently operates 252 locations. In 2014, it plans to open anywhere from 60 to 70 new units, with half of them being operated as corporate ... Freemium Content

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Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
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