``It Really Is'' a Done Deal Between Taco Time and Kahala Corp.Business Editors SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Nov. 19, 2003 Taco Time This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. International, Inc.'s advertising slogan "It really is" had added meaning today, as fast growing quick service restaurant group Kahala Corp. (Pink Sheets:KAHA KAHA Knoxville Amateur Hockey Association (Knoxville, TN) ) officially closed its merger agreement with the popular Mexican restaurant chain, now a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Kahala Corp. As the sixth QSR QSR Quick Service Restaurant QSR QoS (Quality of Service) Satisfaction Rate QSR Quality System Regulations QSR Quality Status Report QSR Quality System Review QSR Quarterly Status Report QSR Quality System Requirement concept under the Kahala umbrella, the merger has boosted the overall number of Kahala franchised outlets to 700, and has catapulted annual system sales for the six brands to just over $600 million. Other Kahala concepts include Samurai Sam's Teriyaki ter·i·ya·ki n. A Japanese dish of grilled or broiled slices of marinated meat or shellfish. [Japanese : teri, glaze + yaki, to broil.] Noun 1. Grills, Ranch 1, Surf City Squeeze, Frullati Cafe and Rollerz. Founded in the late 1950s, Taco Time has been consistently rated one of the top quick serve Mexican food restaurant chains nationwide, preserving its founding mission to deliver fresh, high-quality Mexican food -- a philosophy that fits perfectly with the Kahala family of nutritious quick service restaurant concepts. "We are extremely excited to add the long-standing Taco Time brand to our portfolio of franchised quick service restaurants," remarked Kahala Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Kevin Blackwell. "The merger presents infinite growth potential for Taco Time locations across the country including co-branding opportunities with Kahala's other concepts," he added. About Kahala Corp.: In addition to Taco Time, Kahala currently owns and franchises Samurai Sam's Teriyaki Grills (acquired in May of 2003), serving savory teriyaki meats and fish over rice, tasty noodle dishes, egg rolls, salads and related Asian cuisine; Ranch 1, featuring signature grilled chicken sandwiches and other grilled and fried chicken items as well as famous fries; Frullati Cafe, serving authentic Panini Panini (pä`nēnē), fl. c.400 B.C., Indian grammarian. His Ashtādhyāyī [eight books] (tr. 1891) is one of the earliest works of descriptive linguistics and is also the first individually authored treatise on Sanskrit. sandwiches, salads, soups and fresh baked breads; Rollerz, which specializes in gourmet rolled sandwiches, signature soups, and salads; and Surf City Squeeze, offering fruit blended smoothies, Chillers, fresh juices and snacks. To learn more about Kahala Corp. and its six quick serve restaurant concepts, please visit the Company website at www.kahalacorp.com. |
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