News broke today that private equity firm Roark Capital Group, who owns Arby’s and Cinnabon, has agreed to purchase Buffalo Wild Wings for $2.9 Billion, at $157 per share. Arby’s is owned by Roark Capital, which also has big stakes in Auntie Anne’s, Carvel and Jimmy John’s–the deal will take Buffalo Wild Wings private.
Sign Up For Our Newsletter!
While news of the Arby’s owner buying Buffalo Wild Wings wasn’t really too crazy to many people–who knows what that will actually change for the brand on a consumer level–people are paying special attention to one aspect of the story…how does Arby’s have 2.9 Billion to spend???
Of course, the actually story is that Roark Capital Group, who own Arby’s, are the ones who have $2.9 Billion to dish out–but the jokes must be made nonetheless.
- 3 Tips For Starting A Business, As Told By Tierra Kavanaugh Wayne [EXCLUSIVE VIDEO]
- Florida Mom And Test Administrator Mysteriously Vanishes During Finals Week
- Tamron Hall Reveals Why She Kept Her Pregnancy A Secret
- Jeannie Mai Didn’t Speak To Her Mom For 8 Years Because She Didn’t Believe Her Cousin Molested Her