Red Robin’s strategic initiative builds on its North Star program, but features an emphasis on refranchising which the company hopes will help it refinance debt.

What's more, as the U.S. IPO market heats back up, more of these deals could follow, said Angelo Bochanis, an analyst at Renaissance Capital, a provider of pre-IPO research and IPO-focused ETFs.

A halfback in rugby league is as pivotal to success as a quarterback to an NFL team or Charlie Sheen to Two and a Half Men.

A halfback in rugby league is as pivotal to success as a quarterback to an NFL team or Charlie Sheen to Two and a Half Men.

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