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RALLY'S CLOSES ZIPPS ACQUISITION

RALLY'S CLOSES ZIPPS ACQUISITION
    LOUISVILLE, Ky., June 15 /PRNewswire/ -- Rally's Inc. (NASDAQ: RLLY), the fastest growing hamburger chain in America and the nation's largest double drive-thru restaurant chain, today announced the closing of the purchase of Zipps Drive-Thru Inc. ("Zipps").  Zipps is headquartered in St. Louis, and franchises double drive-thru quick service hamburger restaurants.  There are a total of 46 Zipps restaurants operating in five states, of which 29 are company-owned and 17 are franchised.  Rally's intends to convert most of the Zipps restaurants to Rally's.
    Rally's operates and franchises double drive-thru quick service hamburger restaurants.  There are 398 Rally's restaurants operating in 24 states.
    -0-             06/15/92
    CONTACT:  Donald C. Moore, senior VP and CFO of Rally's, 502-245-8900
    (RLLY) CO:  RALLY'S INC.; ZIPPS DRIVE-THRU INC. ST:  KY -- LA009 -- X398  06/15/92
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Publication:PR Newswire
Date:Jun 15, 1992
Words:134
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