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Jersey Mike's sold to Blackstone company in $8 billion deal
Blackstone has agreed to acquire Jersey Mike’s Subs in a deal that values the sandwich chain around $8 billion, including debt, according to Reuters.
Blackstone strikes $8-billion deal for sandwich chain Jersey Mike's Subs
Blackstone has agreed to buy Jersey Mike's Subs, the sandwich chain said on Tuesday, in a deal that a source said valued the company at around $8 billion including debt. Reuters had reported on Monday,
Jersey Mike's Sandwich Chain Is Acquired by Private Equity Firm Blackstone
Jersey Mike's, the quickly expanding sandwich chain, is being acquired by the private equity firm Blackstone. The transaction is "intended to help enable Jersey Mike’s to accelerate its expansion across and beyond the U.
Blackstone near deal to acquire Jersey Mike’s, WSJ says
Blackstone (BX) is close to announce a deal for privately-held Jersey Mike’s Subs that would value the sandwich chain at about $8B, The Wall
Blackstone to acquire majority stake in sandwich chain Jersey Mike's Subs
Blackstone will acquire a majority stake in Jersey Mike's Subs, the sandwich chain said on Tuesday, marking the private equity firm's latest investment in a franchise business. Reuters had reported on Monday,
Blackstone Is Said to Near Deal for Sandwich Chain Jersey Mike’s
Blackstone Inc. is close to an agreement to acquire sandwich chain Jersey Mike’s for about $8 billion including debt, according to a person familiar with the matter.
Jersey Mike’s chain acquired by private equity firm Blackstone for $8 billion
In 1975, Peter Cancro, then a 17-year-old high school senior, bought the operation with help from his football coach.
Blackstone Buys Controlling Stake of Jersey Mike’s Subs in Latest Franchisor Deal
Blackstone has bought control of Jersey Mike’s Subs, in the latest move by the private equity giant to buy franchisors.
7h
Every game, franchise, and company Sony could snap up with Kadokawa takeover
The biggest losers from this potential takeover include Bandai Namco, which publishes many of Kadokawa’s games and works with ...
7h
on MSN
Valvoline to refranchise 38 company stores
Valvoline (NYSE:VVV) on Tuesday announced plans to refranchise 38 of its existing company service centers to a new franchisee. The Valvoline Instant Oil Change service centers, located in Austin, San ...
12d
Franchise Group Approved to Borrow $250 Million in Bankruptcy
Franchise Group Inc. won temporary court permission to borrow as much as $250 million from its senior lenders in order to ...
11d
on MSN
American Freight closing all stores amid parent company's bankruptcy filing
American Freight is shuttering all of its locations and kicking off store closing sales as part of Chapter 11 bankruptcy ...
Central Penn Business Journal
5d
Local Red Robin franchise company expanding, rebranding
Lehigh Valley Restaurant Group, which was founded in 1991 by Stephen J. Hanzlik, Lehigh Valley Restaurant Group opened its ...
Impacts
6d
Fortune 500-Level Cybersecurity, Now Available Locally: A First-of-Its-Kind Franchise Model
Florida, US. Amid the growing importance of securing data for
companies
of all sizes, CyberGlobal is introducing a ...
Game Rant
6d
Battlefield: Bad Company Lead Open to Making Third Game in the Series
Battlefield Bad Company lead designer comments on the possibility of a third game in the series and expresses an interest in ...
The Business Journals
12d
United Franchise Group's Ray Titus on the value of service
On professional motivation … It’s our 250 direct employees and 6,000 [
franchise
] employees. How do you raise the bar of the ...
Baton Rouge Business Report
12d
Corporate franchise and income tax reforms could spur business activity
“The corporate franchise and corporate income tax reforms and the sales tax reforms kind of go hand-in-hand. … I don’t see ...
11d
'Everything on sale': American Freight closing all stores amid parent company's bankruptcy
Furniture store American Freight will close its 328 stores as parent company Franchise Group Inc. goes bankrupt. See the ...
12d
California chicken franchise expands to Denver
A company finds its first franchise partner and spreads its wings to the Mile High City. A chicken restaurant chain that ...
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