(June 22) Checker's Drive-In Restaurants Inc., a Tampa, Fla.-based quick service chain, on June 20 announced completing a merger to take the company into private ownership.

Checker's merged with a subsidiary of Taxi Holdings Corp., which is itself an affiliate of private equity firm Wellspring Capital Management LLC, New York.

The restaurant chain said it would request delisting from Nasdaq, and would notify shareholders by mail on how to deliver their stock certificates and receive merger consideration.

On June 15, Checker's stockholders approved selling all outstanding shares to Taxi Holdings for $15 per share.