Carrols Restaurant plans 15 million IPO

“Carrols Restaurant Group Inc., the largest Burger King franchisee and operator of Hispanic restaurant brands Pollo Tropical and Taco Cabana, plans to sell 15 million shares in an initial public offering next week.

The company will sell nearly 5.7 million shares, and another 9.3 million shares will be offered by selling shareholders who will also grant underwriters the option to buy up to another 2.25 million shares to cover over-allotments.”

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