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Add as a preferred source on GoogleThe proposed transfer is valued at $100 million by GEN and up to that amount by Chubby; it remains subject to final agreements and approvals.
Chubby Group raised $50 million in its first institutional round and signed a letter of intent covering operations at 47 GEN Korean BBQ restaurants, a proposed transfer that GEN says could reduce its lease liabilities. GEN described the letter as binding in an Oct. 14 announcement.
Third-quarter revenue rose 7.8% year over year as Prologis raised same-store growth forecasts and lowered its net earnings range.
The $10.203 million result was 22.3% above second-quarter net income, and Bank7 expects its Century Financial transaction to be completed Nov. 1, 2026.
Bloomberg said the July total included debt and projects under construction. Broadcom's June 9 release described an initial $35 billion tranche for Anthropic's planned addition of more than 1 gigawatt of compute infrastructure.
