Cambridge Franchise Holdings, LLC sold TAST
May 16, 2024 · Form 4 insider transaction
Cambridge Franchise Holdings, LLC sold 164,161 shares of TAST, a transaction worth N/A. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
Alexander Sloane is the beneficial and record owner of these shares of Common Stock, which include 55,976 restricted shares of Common Stock.; On May 16, 2024, Carrols Restaurant Group, Inc. (the "Company" or the "Issuer") consummated the transactions contemplated by that certain Agreement and Plan of Merger, dated as of January 16, 2024 (the "Merger Agreement"), by and among the Company, Restaurant Brands International Inc. and BK Cheshire Corp. (the "Closing"). Upon the Closing, each outstanding share of common stock, par value $0.01 per share, of the Company, including any restricted shares, ("Common Stock") was cancelled and converted into the right to receive $9.55 in cash, without interest thereon, under the terms and subject to the conditions set forth in the Merger Agreement.