MTY Food Group Inc.

10:32 AM EST - MTY Food Group Inc. : Announced today that one of its wholly-owned subsidiaries has signed an agreement to acquire a 70% interest in Turtle's Jack's Muskoka Grill, COOP Wicked Chicken and Frat's Cucina, three casual dining concepts operating in the province of Ontario. The current owners of Tortoise Group, Jim and Clark Lishman, will continue in their current roles with MTY. The head office will stay in its current location, in Burlington, Ontario. MTY Food Group Inc. shares T.MTY are trading down $0.11 at $56.43.