Canada’s MTY Food Group (MTYFF), the owner of restaurant chains including Pinkberry and Cold Stone Creamery, has hired TD Bank (TD) to explore a sale, people familiar with the matter told Reuters’ Abigail Summerville.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MTYFF:
- MTY Food Group’s Mixed Earnings Call Highlights Growth and Challenges
- MTY Food Group price target lowered to C$45 from C$48 at RBC Capital
- MTY Food Group price target lowered to C$37 from C$42 at TD Securities
- TD Cowen Maintains Hold Rating on MTY Food Group Amid Challenging Operating Environment and Slowing Acquisition Pace
- MTY Food Group price target lowered to C$39 from C$42 at Scotiabank