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Subway sandwiches fails to get $10B bid, extends deadline again: sources

Por: New York Post Life July 13, 2023

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Subway has pushed back bidding deadlines yet again in a drawn-out auction of the struggling sandwich chain after the privately-held company failed to get the $10 billion it was seeking, The Post has learned. The nation’s largest fast-food chain, which had demanded final bids by last week, will extend the auction into next month after attracting some new bidders, multiple sources close to the situation said.   “The process is weak,” a... + full article



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