FAT Brands surges on plan to merge with controlling shareholder Fog Cutter Capital

Dec. 11, 2020 6:24 AM ETFAT Brands Inc. (FAT), FATBP, FCCGBy: Niloofer Shaikh, SA News Editor18 Comments
  • FAT Brands (NASDAQ:FAT) to combine with Fog Cutter Capital Group (OTCPK:FCCG), the company’s controlling stockholder. Shares are up 94% premarket.
  • The merger will aid FAT Brands with increased financial flexibility and simplified corporate structure. Fog Cutter holds more than $100M of NOLs - with the merger, they

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