Subway Acquired by Roark Capital in $9.6 Billion Deal0

• Tech
• August 28, 2023

Subway acquired by Roark Capital in $9.6 billion deal, valued at $10 billion before, a significant move in the fast-food industry. Roark’s $37 billion asset value includes brands like Arby’s, Auntie Anne’s, and Buffalo Wild Wings. Subway faces competition. Deal requires Subway to meet cash flow goals within two years to pay the $8.95 billion