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Subway agrees to sale to Roark Capital, ending nearly 6 decades of family ownership

Por: Fox Business Business August 24, 2023

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Subway CEO John Chidsey discusses the economic outlook of the company along with the impact inflation has had on business on ‘Mornings with Maria.’ Subway agreed to sell itself to private equity firm Roark Capital, the announced on Thursday. Roark beat out a late challenge from a rival bidding group led by TDR Capital and Sycamore Partners, which also submitted a final bid of more than $9 billion, Reuters reported, citing people familiar... + full article



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