Shares of FAT Brands Inc FAT quickly reversed course to go green Wednesday after reporting the acquisition of Hurricane Grill & Wings. R.F. Lafferty analyst James Anderson told Benzinga in an email, "I think this is extremely good news for the company going forward." The Deal For a purchase price of $12.5 million, FAT Brands - a franchising company focused on acquiring fast casual dining concepts that had its IPO in October of this year - will takeover the tropical-themed Hurricane Grill & Wings. The deal is expected to close by year-end. The Guidance Reflecting expectations for expected synergies from the new addition, FAT Brands announced an adjusted EPS forecast of $1.10 or more, with system-wide sales of more than $360 million. The company looks to start paying an annualized dividend of $0.48 per share in 2018. SourceSome consolidation is possible. $FAT, FAT Brands Inc. / H1