Subway agrees to sale to Roark Capital

Upworthy

24 Aug 2023 0 shares 1 views

Subway agrees to sale to Roark Capital

Subway agrees to sale to Roark Capital

Upworthy

Published 24 Aug 2023

Subway agreed to sell itself to private equity firm Roark Capital, the sandwich chain 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…

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