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Canadian firm buys Cold Stone Creamery parent company

A Canadian operator of 40 restaurant brands is expanding its U.S. presence by acquiring Scottsdale-based Kahala Brands, the parent company of Cold Stone Creamery and fast-food restaurants. The buyer is the MTY Food Group, based in Montreal, Quebec, which is a franchisor and operator of more than 2,700 restaurants mainly in Canada. The deal, announced

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Leases for 320 Sports Authority Stores Going to Auction – 13 in Arizona

Sports Authority’s remaining 320 store leases, including 13 in Arizona will be auctioned in June The leases will be sold by commercial real estate, advisory and investment group A&G Realty Partners, which is currently accepting bids on the leases. The leases are for stores that range from 10,000-square-feet to 80,000-square-feet, and are located in most

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Raytheon and Israel’s UVision to develop loitering airborne solutions

Team will adapt UVision’s Hero-30 system for U.S. Army requirement TUCSON — Raytheon Company (NYSE: RTN) and UVision signed a teaming agreement to work together on small, loitering airborne solutions. As part of the deal, Raytheon will adapt the Hero-30 remotely-operated lethal loitering airborne system from Israel’s UVision for U.S. military requirements. Hero-30 is a man-packed,

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