Jersey Mike’s Sandwich Chain is Acquired by Private Equity Firm Blackstone for $8 Billion

Posted on the 20 November 2024 by Phil's Stock World @philstockworld

NEW YORK (AP) - Jersey Mike's, the quickly expanding sandwich chain, is being acquired by asset management giant Blackstone. In the transaction announced Tuesday, private equity funds managed by Blackstone will be used to acquire majority ownership of Jersey Mike's. The deal is "intended to help ...

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