U.S. blank check company Landcadia, Waitr form $308 mln merger

U.S.-based blank check company Landcadia Holdings, Inc. and online restaurant platform Waitr Inc. have combined to form a $308 million merger.

With the combined expertise, experience and resources, Landcadia will further enable Waitr to accelerate its growth in the markets it currently serves, expand into new markets and take advantage of the potential opportunistic acquisitions.

Upon completion of the business combination, Landcadia changed its name to Waitr Holdings Inc. and will continue trading on the Nasdaq Stock Market under the ticker symbol WTRH, commencing November 16, 2018.

U.S.-based financial services company Jefferies LLC served as financial, lead capital markets advisor and placement agent to Landcadia, investment bank Deutsche Bank Securities Inc. served as capital markets advisor to Landcadia and law firm Winston & Strawn LLP acted as legal counsel to Landcadia.