Denny’s buys Orlando restaurant chain Keke’s Breakfast Cafe

Spartanburg, South Carolina-based Denny’s Corporation (Nasdaq: DENN), the franchisor and operator of the large franchised full-service restaurant chains, has bought Keke’s Breakfast Cafe, a brand of Orlando-based K2 Restaurants Inc. 

Denny’s announced the deal, valued at $82.5 million, during its May 3 first quarter earnings report. The transaction is slate to close later this year.