NPC International Inc., the largest Pizza Hut franchisee in the country, has announced the closing of the acquisition by NPC International Holdings Inc., a Delaware corporation, of all the outstanding membership interests of NPC Acquisition Holdings LLC.  NPC Acquisition Holdings owns all of the outstanding capital stock of the company.

The company also announced the expiration and results of a cash tender offer and consent solicitation for its 9.5 percent senior subordinated notes due in 2014.

The tender offer expired Dec. 28 and was made in connection with the previously announced proposed acquisition by NPC International Holdings Inc.

Prior to the expiration, $170.4 million aggregate principal amount of notes had been validly tendered and not withdrawn pursuant to the tender offer. The company will pay for all of the notes tendered at or prior to the expiration time.

Overland Park, Kan.-based NPC International operates more than 1,150 Pizza Hut units in 28 states.

Read more about operations management.

Related Content

User Comments – Give us your opinion!
Products & Services

Sourcing

http://global.networldalliance.com/new/images/products/6407.png

6407/Sourcing

Chicken

http://global.networldalliance.com/new/images/products/6793.png

6793/Chicken

Quote decoder: how to compare restaurant POS systems

http://global.networldalliance.com/new/images/products/1290.png

1290/Quote-decoder-how-to-compare-restaurant-POS-systems

Put your menu in your customers' pocket

http://global.networldalliance.com/new/images/products/1293.png

1293/Put-your-menu-in-your-customers-pocket

Granbury Websites

http://global.networldalliance.com/new/images/products/6815.png

6815/Granbury-Websites

Cured Meats

http://global.networldalliance.com/new/images/products/6791.png

6791/Cured-Meats

Self Serve iPad Ordering

http://global.networldalliance.com/new/images/products/5605.png

5605/Self-Serve-iPad-Ordering

Features

http://global.networldalliance.com/new/images/products/4541.png

4541/Features

Javarama coffee

http://global.networldalliance.com/new/images/products/6961.png

6961/Javarama-coffee

Social Security Number (SSN) Verification

http://global.networldalliance.com/new/images/products/SSN_employmentsearch.gif

1426/Social-Security-Number-SSN-Verification

Digital Menu Boards and ROI
Fast Casual Executive Summit
Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.