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Big Law

Subway Reportedly Nears $9.6 Billion Sale to Arby’s Owner

Roark Capital, which owns restaurants Arby’s and Buffalo Wild Wings, is nearing a deal to buy sandwich chain Subway for about $9.6 billion, the Wall Street Journal reported on Monday.

A deal could be finalized this week, the report said, citing people familiar with the matter.

“Subway does not intend to make any further public comment regarding the process until the transaction has been completed,” the company told Reuters in an emailed statement.

Read the source article at Yahoo Finance

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