-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, N8xkxaO5dJC4wmY8hxwHgfBL55CEkzL4Lvs1hFPZ/QiTtiDetBig3f2X2O7F7KyR bOMIBtxF8C7LmawzywZ7FQ== 0000852772-10-000059.txt : 20100506 0000852772-10-000059.hdr.sgml : 20100506 20100506094913 ACCESSION NUMBER: 0000852772-10-000059 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20100506 DATE AS OF CHANGE: 20100506 EFFECTIVENESS DATE: 20100506 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DENNYS CORP CENTRAL INDEX KEY: 0000852772 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] IRS NUMBER: 133487402 STATE OF INCORPORATION: DE FISCAL YEAR END: 1230 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 000-18051 FILM NUMBER: 10804340 BUSINESS ADDRESS: STREET 1: 203 E MAIN ST CITY: SPARTANBURG STATE: SC ZIP: 29319 BUSINESS PHONE: 8645978000 MAIL ADDRESS: STREET 1: 203 EAST MAIN STREET CITY: SPARTANBURG STATE: SC ZIP: 29319 FORMER COMPANY: FORMER CONFORMED NAME: ADVANTICA RESTAURANT GROUP INC DATE OF NAME CHANGE: 19980107 FORMER COMPANY: FORMER CONFORMED NAME: FLAGSTAR COMPANIES INC DATE OF NAME CHANGE: 19930722 FORMER COMPANY: FORMER CONFORMED NAME: TW HOLDINGS INC DATE OF NAME CHANGE: 19920703 DEFA14A 1 defa14a.htm DEFINITIVE ADDITIONAL MATERIALS defa14a.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 14A INFORMATION
 
Proxy Statement Pursuant to Section 14(a)
of the Securities Exchange Act of 1934
(Amendment No.     )
 
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Preliminary Proxy Statement
  
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Definitive Proxy Statement
  
  
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Definitive Additional Materials
  
  
o
  
Soliciting Material Pursuant to §240.14a-12
 
Denny’s Corporation
 
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
 
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DENNY'S CORPORATION LOGO
 
FOR IMMEDIATE RELEASE

Investor Contact
Enrique Mayor-Mora: 877-784-7167, or
Bruce Goldfarb/ Steve Balet/ Pat McHugh, Okapi Partners:  212-297-0720

Media Contact
Michael Fox, ICR - 203-682-8218


PROXY Governance, Inc. Supports ALL Denny’s Board Nominees in Contested Election

Firm Cites Industry Experience and Turnaround Progress as Keys to Support

Spartanburg, SC – May 6, 2010 – Denny’s Corporation (NASDAQ: DENN) today announced that PROXY Governance, Inc., a leading independent proxy advisory firm, has endorsed all eight of the Company’s nominees, encouraging stockholders to support those nominees over the three candidates nominated by the dissident shareholder group.
 
In its report, PROXY Governance, Inc. stated, “As the incumbent nominees have deep industry experience to draw on, and the incumbent board has won the approval of equity analysts in driving the turnaround to this point, we believe shareholders will be better served by re-electing the management nominees.”

The report, which also questioned the dissidents’ preparedness, indicating they had only one recommendation related to the Company’s marketing strategy, stated, “If one’s agenda for change explicitly includes refocusing the marketing message, it would seem prudent to have read up on the current message at some point along the way.”

Debra Smithart-Oglesby, Denny’s Board Chair, stated, “We appreciate the endorsement of our Director nominees from such a respected and independent organization as PROXY Governance, Inc., particularly its focus on the considerable restaurant industry experience of the Company’s nominees.  We believe this contest involves a fundamental question of which nominees are better able to help the Board and the Company at this time.  We firmly believe the Company’s nominees are the clear choice in this regard, and we are pleased that PROXY Governance agrees.”

 
About Denny’s

Denny’s is one of America’s largest full-service family restaurant chains, consisting of 1,318 franchised and licensed units and 233 company-owned units, with operations in the United States, Canada, Costa Rica, Guam, Mexico, New Zealand and Puerto Rico.  For further information on Denny’s, including news releases, links to SEC filings and other financial information, please visit the Denny’s investor relations website.

Important Additional Information

The Company has filed with the Securities and Exchange Commission ("SEC") and mailed to its stockholders a definitive proxy statement in connection with its 2010 Annual Meeting of Stockholders. Stockholders are strongly advised to read the Company's definitive proxy statement and the accompanying WHITE proxy card before making any voting decisions. Stockholders may obtain copies of the Company's definitive proxy statement, any amendments or supplements to the proxy statement and other documents filed by the Company with the SEC in connection with its 2010 Annual Meeting of Stockholders free of charge at the SEC’s website at www.sec.gov, or on the Company's website at www.dennys.com. The Company, its directors and officers and certain employees may be deemed to be participants in the solicitation of proxies from stockholders in conn ection with the Company’s 2010 Annual Meeting of Stockholders. Information concerning persons who may be considered participants in the solicitation of the Company's stockholders under the rules of the SEC is set forth in the Company's definitive proxy statement filed with the SEC on April 8, 2010.

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-----END PRIVACY-ENHANCED MESSAGE-----