In a deal that would make it the fourth-biggest restaurant company in the country, Inspire Brands will acquire Jimmy John’s for a price that was not disclosed. Inspire Brands is backed by private equity firm Roark Capital Group, which owns other notable restaurant brands such as...
Inspire Brands announced that it will acquire Sonic for approximately $2.3 billion. The agreement was unanimously approved by Sonic’s Board of Directors, and represents a premium of approximately 19 percent per share to Sonic’s closing stock price on September 24, 2018 ($43.50 per share). “This...
Multiple sources in the financial industry have found a pattern of fraud on customer cards, with the latest victim of a breach looking to be Shoney’s, a 70-year-old restaurant chain that operates primarily in the southern United States. Krebson Security reports that the privately held restaurant...
Fast food chain Arby’s confirmed that credit card data was stolen from thousands of its customers due to a data breach that took place last month. According to a report from cybersecurity expert Brian Krebs, the company discovered the breach in mid-January and that it...
September 25, 2019
In a deal that would make it the fourth-biggest restaurant company in the country, Inspire Brands will acquire Jimmy John’s for a price that was not disclosed. Inspire Brands is backed by private equity firm Roark Capital Group, which owns other notable restaurant brands such as Sonic Drive-In, Buffalo Wild Wings, Arby’s and Rusty Taco, CNBC reported. Jimmy […]
September 26, 2018
Inspire Brands announced that it will acquire Sonic for approximately $2.3 billion. The agreement was unanimously approved by Sonic’s Board of Directors, and represents a premium of approximately 19 percent...
April 17, 2017
Multiple sources in the financial industry have found a pattern of fraud on customer cards, with the latest victim of a breach looking to be Shoney’s, a 70-year-old restaurant chain that...
February 10, 2017
Fast food chain Arby’s confirmed that credit card data was stolen from thousands of its customers due to a data breach that took place last month. According to a report...
