Blackstone Acquires Jersey Mike's Subs in $8 Billion Deal
- Blackstone has confirmed a deal to acquire a majority stake in Jersey Mike’s Subs, valuing the company at $8 billion, including debt.
- The transaction is expected to finalize in early 2025, pending regulatory approvals and closing conditions.
- Jersey Mike's founder and CEO Peter Cancro stated, "We believe we are still in the early innings of Jersey Mike's growth story" regarding their partnership with Blackstone.
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Total News Sources0
Leaning Left7Leaning Right6Center25Last UpdatedBias Distribution66% Center
Bias Distribution
- 66% of the sources are Center
66% Center
L 18%
C 66%
R 16%
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