Burger chain Sonic to be acquired by Arby's parent company in $2.3 billion deal

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Burger chain Sonic to be acquired by Arby's parent company in $2.3 billion deal.

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Chuckthefreak dizzle4prizzle

Now they really have the meat

Hopefully Arby's can fix it

This is awkward but they could have bought BrandtsPalatine for half that.

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Arby's parent company is buying Sonic for $2.3 billionArby's parent company, Inspire Brands, is acquiring burger chain Sonic. Arby’s making moves 😅💰 nmeyersohn pfpicardi wow this really diminishes their brand Undervalued fast casual assets in play. Chanticleer Holdings, $BURG one to watch. Owns minority interest in Hooters. Also for sale.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Franchise Fast-Food Industry Continues Consolidation As Sonic Drive-In Chain Is AcquiredThe recent acquisition of the Sonic franchise by Inspire Brands continues a consolidation trend in the franchise fast-food industry. As fast-food chains continue to battle for market share expect more mega deals in the months and years ahead. but will they offer the 'Frito Pie' 🤔
Source: Forbes - 🏆 394. / 53 Read more »