Scoop: Blackstone is nearing an acquisition of closely held Jersey Mike's Subs in a deal that would value the sandwich chain at around $8 billion, including debt. (We had reported earlier this year that Blackstone was eyeing a deal for Jersey Mike's, and the two had held on-and-off talks!)
Private-equity giant Blackstone has a history of investing in franchise businesses, and Jersey Mike's today has more than 3,000 locations.
What do you think of this deal?
Private-equity giant Blackstone has a history of investing in franchise businesses, and Jersey Mike's today has more than 3,000 locations.
What do you think of this deal?
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