
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: WEDNESDAY, May 11, 1994                   TAG: 9405120153
SECTION: BUSINESS                    PAGE: B-8   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short

HARDEES TO BUY 279 OF ITS RESTAURANTS

Hardee's Food Systems Inc., Rocky Mount, N.C. operator and franchiser of fast-food restaurants, said Tuesday it has exercised an option to buy the 50 percent interest it did not own in a partnership holding the land and buildings of 279 of its restaurants. The purchase was worth about $20 million. Location of the facilities was not revealed.

The transaction will eliminate $16 million annually in restaurant rent payments.

- staff report

by CNB