IntrinsicIntrinsic

Mergers & Acquisitions ·

Red Robin sells assets related to 86 restaurants for $72.5 million to pay down debt

RRGBRed Robin Gourmet Burgers Inc

Red Robin Gourmet Burgers, Inc. entered into two asset purchase agreements on June 11, 2026, to sell assets related to 86 company-owned restaurants to Op Burgers, LLC for $62.5 million and to Kuber for $10.0 million. The company intends to use the net proceeds from these transactions to reduce its outstanding indebtedness. Red Robin Gourmet Burgers, Inc. is a casual dining restaurant operator.

More from Red Robin Gourmet Burgers Inc

Explore RRGB