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BRIEF-MTY enters to acquire the assets of The Works

May 8 MTY Food Group Inc:

* MTY Food Group Inc - deal for for an estimated consideration of $8.0 million

* MTY enters into an agreement to acquire the assets of The Works

* MTY Food Group Inc - Bruce Miller, Works' current president, will continue to lead brand following transaction.

* MTY Food Group Inc - expects to maintain works headquarters in Oakville, Ontario.

* MTY Food Group Inc - Works' network currently has 27 restaurants in operation, 4 of which are corporately-owned. Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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