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But The Wall Street Journal and Reuters reported in the days preceding the sale that Roark was leading a field of 10 bidders at its peak with an offer to buy Subway for more than $9 billion.
Subway’s deal to sell itself for a whopping ... and deriving “more than 20% of its total gross revenue from the sale of any type of sandwiches on any type of bread, including but not limited ...
Subway confirmed Thursday that the company has entered an agreement to be acquired by affiliates of Roark Capital. The sale, totaling over $9.5 billion, will end Subway’s 50-plus year run as a ...
Subway is reportedly nearing a $9.6 billion sale to a private equity company that already owns some of the biggest brands in the restaurant industry, according to the Wall Street Journal. The sandwich ...
Subway has been trying to catch up; in 2021 it refreshed its menu and last year it announced a line of chef-developed sandwiches. But in February, Subway announced it was exploring a sale.