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NPC International, Inc. Announces Agreement to Acquire 62 Wendy's Units from Wendy's Franchisee

NPC announced today that it has entered into an agreement with Valenti Mid-Atlantic Management, LLC (Valenti) to acquire 62 Wendy's restaurants for $52.6 million, plus amounts for working capital. NPC also agreed to acquire six fee property locations from Valenti Mid-Atlantic Realty for $3.6 million. As part of the transaction, NPC plans to remodel certain acquired restaurants in Wendy's new Image Activation format.

This acquisition is expected to be funded primarily with available cash on

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