Stephen Schwarzman’s Blackstone Acquires Subway rival Jersey Mike’s Subs for Billions in Major Fast-Food Deal
Stephen Schwarzman’s private equity firm Blackstone has acquired sandwich restaurant chain Jersey Mike’s Subs. The terms of the deal for the Subway rival were not released, but according to the New York Post it is valued at $8 billion. Blackstone said Jersey Mike’s is teaming up with Blackstone to accelerate its growth and innovation. Founder […]
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