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Durational Capital and The Jordan Company to buy Bojangles

Durational Capital Management LP and The Jordan Company LP have agreed to acquire Charlotte, North Carolina-based fast food restaurant chain Bojangles' Inc for $16.10 per share, PE Hub reported. BofA Merrill Lynch and Houlihan Lokey served as financial advisors to Bojangles' on the transaction while Shearman & Sterling LLP provided legal counsel. Citigroup Global Markets Inc. advised the consortium while KKR Capital Markets LLC provided the financing to support the transaction.


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