Blackstone is said to be pursuing a purchase of Jersey Mike's for around $8B
www.restaurantbusinessonline.com
The sandwich chain is reportedly open to a deal with the private equity firm or another suitor, according to media reports, though talks
  • yesman@lemmy.world
    311·
    1 year ago

    So investors will buy the chain, take out huge loans to pay themselves, and bring in management to cut jobs, close locations, and skimp quality all to make that payment.

    Capitalism is much efficient, so economy, and many value.