Day: December 21, 2022

GRAND RAPIDS, Mich., Dec. 21, 2022 (GLOBE NEWSWIRE) — Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, today announced that the Company has entered into a definitive agreement to acquire a portfolio of Wendy’s restaurants located in the Mid-West. “We are very excited by this acquisition opportunity and remain on pace for a record number of new Wendy’s location openings in 2022 and 2023. Acquisitions, renovations, and new restaurant development are integral parts of our Wendy’s restaurant business model as we grow into new market areas. The Company has successfully completed 27 Wendy’s acquisitions over the past decade and remains a leader in new restaurant development within the Wendy’s system. This year the Company was recognized by the Wendy’s brand with the ‘U.S. Monument Award for Visionary...

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