Buffalo Wild Wings Sold To Arby’s For Billions

Buffalo Wild Wings is selling their chain to Arby’s for $2.4B according to Arby’s. Once the deal is finalized, Buffalo Wild Wings will run privately and continue to operate as an independent brand. The deal still needs approval from Buffalo Wild Wing shareholders.

Arby’s will pay $157 per share which is 7% premium to Buffalo Wild Wings at $146.40.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s