Bojangles' (Pending:BOJA), a Charlotte-based company which advertises its "famous chicken n' biscuits", plans to sell up to 7.2 million shares in its initial public offering. It plans to sell 6.25 million shares at a cost from $15 to $17 each. The IPO investment angle has been tough recently, and Bojangles' did struggle the last time it tried to expand past its Southeastern tramping grounds. But in a restaurant industry that has become more competitive and discerning these past few years, Bojangles' does enough things right to be a sound investment. It opened its 600th restaurant last July in Charlotte and sees room for up to 1400 stores in its area. Bojangles' move to go public comes right as we see a shift in consumer tastes. Traditional fast-food restaurant like McDonald's (NYSE:MCD) have struggled as of late. According to CNN, the fast-food giant's profits tumbled by $400 million and has announced it plans to close 350 restaurants in Japan, the United States, and China. Read more