Whataburger sells majority ownership stake to Chicago company

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Family-owned Texas chain Whataburger has sold its majority ownership to a Chicago investment firm in a bid to expand

The Chicago-based firm, BDT Capital Partners, will advise on expansion strategy and provide long-term growth capital to Whataburger, the chain said. Whataburger headquarters will remain in San Antonio, the company said in a statement. "In order to keep satisfying our customers, we've been exploring different options to expand the brand and introduce it to new audiences," Whataburger President and CEO Preston Atkinson said in a statement.

"We've gone through this process purposefully and diligently because we wanted to find a partner who honors our values, culture and 69-year legacy of family tradition."Read MoreThe leadership will shift, though Atkinson and Board Chair Tom Dobson, son of Whataburger founder Harmon Dobson, will continue to serve on the restaurant chain's board of directors. Ed Nelson, who has been the chief financial officer since 2008, was promoted to president. Whataburger opened in 1950.

 

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Too bad they didn't find a Texas based investor.

Well I guess that’s goodbye to whataburger.... it’s nothing but a way to launder money now for the ultra rich ☹️👎

What does Chicago know about quality burgers in Texas style? Totally bummed about this.

I’m the only one excited about this 😂 I’m from Texas but haven’t been back in 7 years so I want one nearby

i miss whataburger, now the idiot sells majority... trying to expand,, really! now you have no say so on what has made you popular. getting ready for mobile orders and terrible food. SMH

Hope new owner will improve the burgers Worst ever

If they remove the flag from the window, its over! Don’t change the menu. Look at what happened to Taco Cabana. 😩

And thus means you will see it ran into the ground and then bankrupted....bad move by the family

The best burgers in San Antonio!

Why?that shit is nasty

Hey PatrickMahomes!!! Great things happening!!!

😢😢😢😢 More corporate control.

Expand? Bet they ruin it.

Is this news in the CNN newsroom Slow day....

More Democrats trying to screwup Texas

Hope they come to Los Angeles! We are the burger capital and there’s always room for more!

If those Chicago damn-yankees screw up the traditional Texas-based and tasty Whataburger, I'm gonna be pissed! They've already screwed up real pizza and authentic hotdogs! Keep your mitts offa my Whataburger! 🤬

Right at the tail-end of the longest-running bull market in history. They're smart. That Chicago investment firm is retarded, lol.

I’ll just leave this right here:

Sad day codymdunlap

There goes the neighborhood

... your waistline

AMereCon_

I found a fast way to make the best burger

Don’t fuck with my cheeseburger

duece17

I hope this doesn't change whataburger . If so, there are other Texas burger joints.

Isn't that just what the US us all about under Trump the republicans? Making as much money as you can, regardless the consequences, and not minding about anyone involved. This just is America!

I hope this means Whataburger in California. I miss it so bad out here.

Come to Indiana!

Nooooooooooooo!!!!!!

Whataburger whyyy

lmfao if they make it to chicago we can call them murder burgers

Hey Whataburger, y’all coming to Utah? ‘Cause we finally got ElPolloLoco and even a few places that sell kolaches. Be sure to bring some Blue Bell ice cream with you. GodBlessTexas

Noooooooo!!!!

My rainy day lunch/dinner is now ruined 😢

No!

Texas is not happy with this.

Does this mean we can find a whataburger closer to the Smokey mountains soon❤️❤️❤️

There is a GOD..... Whataburger

Noooooooooooo

Whataburger didn’t ask it’s Texas family what we thought?!?😲🤔

To be renamed Bloodyburger to keep inline with Chicago traditions.

PLEASE COME TO THE CHI

ReginaldStuckey putting Whataburger on the map in chitown

Terrible news.

Are you going to start selling Chicago hot dogs! Replace Our jalapeno with Chicago Sports peppers? Say you are just kidding!

Bad. Idea.

Why Whataburger Why?😫😫😫

Sold out to the liberals in Illinois. Halal burgers and goat nut strip sandwiches are right around the corner. Whataburger could’ve grown this great Texas tradition on they’re own.

As long as the don’t change anything and add locations around the country (e.g. PA), I’m ok with it.

Sounds too much like Wahlburgers and Waybackburgers and Wienerschnitzel may I suggest a name change, Uncle Morty Burger Shack!

No!! This is a TX staple!! Others will never understand how much that W means to us!!🍔

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