BT Brands, Inc. acquired a 41.4% stake in Bagger Dave's Burger Tavern, Inc. from Michael Ansley, founder and Chief Executive Officer of Bagger Dave's Burger Tavern, Inc. for $1.3 million.
June 01, 2022
Share
BT Brands, Inc. (NasdaqCM:BTBD) acquired a 41.4% stake in Bagger Dave's Burger Tavern, Inc. (OTCPK:BDVB) from Michael Ansley, founder and Chief Executive Officer of Bagger Dave's Burger Tavern, Inc. for $1.3 million on June 2, 2022.
BT Brands, Inc. (NasdaqCM:BTBD) completed the acquisition of a 41.4% stake in Bagger Dave's Burger Tavern, Inc. (OTCPK:BDVB) from Michael Ansley, founder and Chief Executive Officer of Bagger Dave's Burger Tavern, Inc. on June 2, 2022.
BT Brands, Inc. owns and operates approximately 17 restaurants, including Seven Burger Time fast-food restaurants and one Dairy Queen franchise located in the North Central region of the United States, collectively (BTND); Bagger Daveâs Burger Tavern, Inc., a partially owned affiliate, operates six Bagger Daveâs restaurants in Michigan, Ohio, and Indiana (BDVB); Keeganâs Seafood Grille in Indian Rocks Beach, Florida; Pie In The Sky Coffee and Bakery in Woods Hole, Massachusetts, and Village Bier Garten is a German-themed restaurant, bar, and entertainment venue in Cocoa, Florida. Its Burger Time restaurants feature a variety of burgers and other affordable foods, sides, and soft drinks. Its Burger Time restaurants feature a variety of burgers and other affordable foods, sides, and soft drinks. The Companyâs Dairy Queen restaurant offers a proscribed menu consisting of burgers, chicken, sides, ice cream, other desserts, and various beverages.
BT Brands, Inc. acquired a 41.4% stake in Bagger Dave's Burger Tavern, Inc. from Michael Ansley, founder and Chief Executive Officer of Bagger Dave's Burger Tavern, Inc. for $1.3 million.