BUZZ-MTY Food Group Inc: Record high on Kahala Brands buy
** Canadian restaurant operator's shares up 18.7 pct at C$42.35; climbs as much as 30 pct to new high of C$46.25
** Agrees to buy Scottsdale, Arizona-based fast-food restaurants operator Kahala Brands Ltd for about $300 mln, to expand in U.S. and Canada
** To issue 2.3 mln of shares and pay $240 mln in cash
** Kahala franchises and operates about 2,800 stores worldwide and generates annual system sales of over C$950 mln, MTY says
** More than 175,500 shares traded, nearly 14x their 30-day moving average
** Up to Tuesday's close, MYT's stock had risen 10 pct this year
© Thomson Reuters 2016 All rights reserved.