Cookie-Casino Merger Mulled by Z Capital in Bid to Woo Creditors
Private equity firm Z Capital Group is weighing a plan to combine its beleaguered casino operator Affinity Interactive with other portfolio companies, including cookie chain Mrs. Fields, in an effort...
By Aaron Weinman, Eliza Ronalds-Hannon · Bloomberg Markets
Private equity firm Z Capital Group is weighing a plan to combine its beleaguered casino operator Affinity Interactive with other portfolio companies, including cookie chain Mrs. Fields, in an effort to assuage some of Affinity’s lenders, according to people with knowledge of the matter.