According To Reports, Private Equity Firm To Acquire Subway For $9.6 Billion

NEW YORK, NEW YORK - AUGUST 21: A Subway sandwich store signage is seen on Water Street on August 21, 2023 in New York City. According to reports by the Wall Street Journal, Roark Capital has been competing with a group of rival private-equity firms, that includes TDR and Sycamore, and is closing on a deal to buy the Subway sandwich-shop chain for about $9.6 billion and could be finalized this week. Subway is the eighth-largest U.S. restaurant chain with 20,810 locations which brought in $9.8 billion in domestic sales last year. (Photo by Michael M. Santiago/Getty Images)

According To Reports, Private Equity Firm To Acquire Subway For $9.6 Billion
NEW YORK, NEW YORK - AUGUST 21: A Subway sandwich store signage is seen on Water Street on August 21, 2023 in New York City. According to reports by the Wall Street Journal, Roark Capital has been competing with a group of rival private-equity firms, that includes TDR and Sycamore, and is closing on a deal to buy the Subway sandwich-shop chain for about $9.6 billion and could be finalized this week. Subway is the eighth-largest U.S. restaurant chain with 20,810 locations which brought in $9.8 billion in domestic sales last year. (Photo by Michael M. Santiago/Getty Images)
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