India, Dec. 9 -- Denny's is wrapping up a multiyear effort to shut down over 150 underperforming locations across the US. According to the diner chain, the closures are part of a strategy to stabilize finances and strengthen its footprint.

Denny's is planning to wrap up the closures by the end of 2025 as part of a strategy to optimize its franchise system. The closures were meant to help the chain return to flat or slightly positive growth by 2026, according to Independent.

Denny's might see more changes in 2026 due to the recently announced $620 million buyout of the chain by private investors. The deal values the company at $322 million for shareholders, and is likely to be finalized in the first quarter of the next year.

Denny's sai...