Who owns the keg steakhouse

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Email Address There was an error, please provide a valid email address. Thanks for signing up! Editor's note: An earlier version of this story incorrectly indicated Cara is buying the income fund. BNN regrets the error. Are you looking for a stock? Try one of these. News Video. News Video Berman's Call. Vancouver-based Keg's CEO, David Aisenstat, will remain with the company and take over control of Cara's other higher-end restaurant brands as part of the deal.

The deal won't alter the taken over company's relationship with TSX-listed Keg Royalties Income Fund, which pays distributions to investors by collecting four per cent of sales from corporate and franchise-owned Keg restaurants and owns intellectual property related to The Keg name. The shares are down by 26 per cent since last summer. The two companies say they expect the deal to become official by the end of March, and Cara plans to change the name of the company to reflect the transaction.

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