Jack In The Box Inc. Stock News

Jack in the Box has acquired Del Taco Restaurants for $455.3 million. The deal is a strategic decision as the fast-food restaurant company is looking to expand its customer base and capitalize on the Mexican fast-food

Three years after ditching Qdoba Mexican Eats, Jack in the Box is scooping up Del Taco in a $575 million deal.

Jack in the Box (NASDAQ:JACK) was upgraded by investment analysts at Deutsche Bank Aktiengesellschaft from a hold rating to a buy rating in a note issued to investors on Monday, The Fly reports. JACK has been the subject of a number of other research reports. Cowen cut their target price on shares of Jack in []

Jack in the Box (NASDAQ:JACK) was downgraded by Wedbush from an outperform rating to a neutral rating in a report released on Monday, The Fly reports. Other equities research analysts also recently issued research reports about the company. Credit Suisse Group reduced their target price on Jack in the Box from $102.00 to $99.00 and []

The two restaurant chains are linking up to create a bigger, bolder fast-food competitor.

NEW YORK, Dec. 06, 2021 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the officers or directors of Del Taco Restaurants, Inc. (NASDAQ: TACO) breached their fiduciary duties or violated the federal securities laws in connection with the company’s acquisition by Jack in the Box Inc (NASDAQ: JACK).

Gainers Del Taco Restaurants, Inc. (NASDAQ: TACO ) shares jumped 64.6% to $12.40. Jack In The Box Inc (NASDAQ: JACK ) agreed to acquire Del Taco Restaurants for $12.51 per share in cash in a deal valued at about $575 million. BuzzFeed (NASDAQ: BZFD) surged 37.2% to $13.20. The company has called itself "the first publicly traded purely digital media company." Buzzfeed started trading on the Nasdaq today. Insignia Systems, Inc. (NASDAQ: ISIG ) gained 31.5% to $6.59 after the company reported review of strategic alternatives. Adicet Bio, Inc. (NASDAQ: ACET ) shares climbed 28.2% to $12.56 after the company announced interim data from its dose escalation Phase 1 study evaluating the safety and tolerability of ADI-001. Cloopen Group Holding Limited (NYSE: RAAS ) gained 23% to $3.3174. Sunlands Technology Group (NYSE: STG ) jumped 18.2% to $3.7850. Sunlands Technology announced that its Board has approved a share repurchase program to repurchase up to $15 million of its Class A ordinary shares.

SAN DIEGO AND LAKE FOREST, CALIF. Jack in the Box Inc. (NASDAQ: JACK) and Del Taco Restaurants (NASDAQ: TACO) have entered into a merger agreement valued at approximately $575 [] The post Jack in the Box, Del Taco Enter into $575M Merger Agreement appeared first on REBusinessOnline .

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Del Taco Restaurants, Inc. (NASDAQ: TACO) to Jack in the Box Inc. for $12.51 per share in cash is fair to Del Taco shareholders. Halper Sadeh encourages Del Taco shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected]. The investigation concerns wh

Burger chain Jack in the Box said Monday it''s buying the nation''s second-largest Mexican food chain, Del Taco, in a deal worth close to $600 million.

The combined companies will have more than 2,800 locations across 25 states.

The two restaurant chains are linking up to create a bigger, bolder fast-food competitor.

https://www.investing.com/news/stock-market-news/jack-in-the-box-to-acquire-del-taco-for-over-450-million-2701169

SAN DIEGO--(BUSINESS WIRE)--Jack in the Box, Inc. (NASDAQ: JACK) announces the following event: What: Jack in the Box to Acquire Del Taco: Presentation and Q&A Webcast Who: Darin Harris (CEO), Tim Mullany (CFO), Chris Brandon (VP of IR) When: Monday, December 6 at 8:30 a.m. EDT Where: investors.jackinthebox.com How: Live webcast (web address above) Contact: Chris Brandon, vice president of investor relations 619.902.0269 This event will be archived on the Jack in the Box investor