FILE PHOTO: A Subway sandwich shop logo is pictured in the Manhattan borough of New York February 14, 2014. REUTERS/Carlo Allegri/File Photo

By: Economic & Finance Report

P.E. firm Roark Capital will buy Subway franchises and subsidiaries for a reported $9.6 billion dollars. Roark Capital owns Inspire Brands & Focus Brands, home of Dunkin’, Baskin Robbins, Buffalo Wild Wings, Sonic, Arby’s, Jimmy John’s, Auntie Ann’s Pretzels and Jamba Juice.

Roark will not be involved in the day-to-day operations of Subway. The deal is considered the third largest restaurant chain acquisition deal ever. -SB

Image Source: REUTERS

Subway acquired by Dunkin’-owner Roark Capital Group (yahoo.com)

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