Denny's (DENN), GCIG Cancel Chna Franchise Agreement - InvestingChannel

Denny’s (DENN), GCIG Cancel Chna Franchise Agreement

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Denny’s Corporation (Nasdaq: DENN) announced that it and Great China International Group (GCIG) have mutually decided to cancel the plans for GCIG to develop franchise restaurants in southern China.

The Company reiterates its full year 2013 guidance for new restaurant openings between 40 and 45 restaurants.

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