CKE Restaurants Agree to be Bought Out
By: Brittany Fastuca
February 27, 2010
Private equity firm Thomas H. Lee Partners, parent of Dunkin' Donuts, offers to pay $619 million in cash, but Boston private equity firm also offers to buy the company for the same amount. CKE says it will continue to accept competing bids through April 6. CKE, the parent company of Carl Jr.'s and Hardee's, still has about $309 million in debt. Many fast food restaurants share prices have plummeted, especially CKE.
Los Angeles Times is the only article that offers a picture to give the publication more of an upper on the other two newspapers. This article offers a topic lede since it tell you the event that occurred, but it isn't offering any of the other relevant information needed to pinpoint what the reader is about to read about.
USA Today goes most in depth about what the CKE company is, what it offers, the name of the CEO, and the activity of the company. Funny thing is that none of the articles give what CKE stands for.
New York Times offers the shortest article, but within regards of immediacy they were the fastest. The length of the article might have relation with the timeliness of the article being posted compared to the others.
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