Chanticleer
Ardent’s $1.1b US cash bonanza
The sale of Ardent Leisure’s US business, Main Event, for $1.1 billion follows a well executed turnaround strategy.
Legendary investor Gary Weiss has once again shown that his business skills go well beyond doing masterful corporate deals.
Ardent Leisure’s $US835 million ($1.1 billion) sale of the Main Event entertainment business to Dave & Buster’s Entertainment in the United States is proof that Weiss can also pull the levers necessary to turn around a poor performing business.
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