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return2ozma@lemmy.world to News@lemmy.world · 1 year ago

Blackstone is said to be pursuing a purchase of Jersey Mike's for around $8 billion

www.restaurantbusinessonline.com

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Blackstone is said to be pursuing a purchase of Jersey Mike's for around $8 billion

www.restaurantbusinessonline.com

return2ozma@lemmy.world to News@lemmy.world · 1 year ago
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Blackstone is said to be pursuing a purchase of Jersey Mike's for around $8B
www.restaurantbusinessonline.com
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The sandwich chain is reportedly open to a deal with the private equity firm or another suitor, according to media reports, though talks
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  • slacktoid@lemmy.ml
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    1 year ago

    Well there goes a sandwich chain

    • disguy_ovahea@lemmy.world
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      1 year ago

      Welcome to Multinational Mike’s

      • slacktoid@lemmy.ml
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        1 year ago

        Where your footlongs are 9inches and your lettuce is 2 days old.

  • yesman@lemmy.world
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    1 year ago

    So investors will buy the chain, take out huge loans to pay themselves, and bring in management to cut jobs, close locations, and skimp quality all to make that payment.

    Capitalism is much efficient, so economy, and many value.

    • sandman@lemmy.ca
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      1 year ago

      Capitalism is much efficient, so economy, and many value.

      Everyday it becomes clearer the only people who believe this are useful idiots and their rulers.

  • Protoknuckles@lemmy.world
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    1 year ago

    Shit… the quality is gonna drop to cardboard and sawdust isn’t it?

    • Trollception@lemmy.world
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      1 year ago

      Already did

    • sandman@lemmy.ca
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      1 year ago

      It’s the way of capitalism.

      • Protoknuckles@lemmy.world
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        1 year ago

        The worst way there is, lol

  • hightrix@lemmy.world
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    1 year ago

    Oof. I’m assuming this means they will plummet to subway quality before too long.

    It’s unfortunate, Jersey mikes is one of my favorite sandwich shops.

    • sandman@lemmy.ca
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      1 year ago

      Subway quality with jersey mikes pricing.

      You can see why investors are interested.

      • hightrix@lemmy.world
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        1 year ago

        Absolutely. They will destroy that franchise and make a killing.

  • jpreston2005@lemmy.world
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    1 year ago

    Coming soon from Berkshire Hathaway, Meal deal of 2 pieces of cardboard, loaded with extra packing peanuts, and a small water for $18!

    • root_beer@midwest.social
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      1 year ago

      Gonna do Raven Sable’s work for him

  • CluckN@lemmy.world
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    1 year ago

    I hope they change the name to Subway 2

    • bradorsomething@ttrpg.network
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      1 year ago

      Subway 2: Even Subbier

  • Lemming6969@lemmy.world
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    1 year ago

    When the meatball was out, so was I. That was long ago

  • skeptomatic@lemmy.ca
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    1 year ago

    Who the fuck is Jersey Mike’s.
    And why the fuck are they worth 8 billion?

    • DBT@lemmy.world
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      1 year ago

      If only there was an article you could read to answer these questions….

      • skeptomatic@lemmy.ca
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        1 year ago

        There might be, somewhere.
        But not at the end of that hyperlink.

    • RampantParanoia2365@lemmy.world
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      1 year ago

      Who’s Jersey Mike’s…what? His wife? Drug dealer? Finish your question.

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