Is Wellspring Still Trying to Sell Checkers?

Posted on: October 17, 2012 by Luisa BeltranNo Comments »

The status of the Checkers Drive-In Restaurants’ auction has come into question. Wellspring Capital Management has decided to pull the Checkers sale and is instead pursuing a dividend recap, three sources tell peHUB. But a different person maintains that the process is alive and bidders are still conducting due diligence.