Jersey Mike’s to Sell Majority Ownership to Blackstone
Jersey Mike’s announced Tuesday that it’s selling a majority ownership stake to private equity firm Blackstone. Financial terms of the deal were not disclosed. Jersey Mike’s founder and CEO Pete Cancro will maintain a significant equity stake and continue to lead the sandwich giant.
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Jersey Mike's, the quickly expanding sandwich chain, is being acquired by the private equity firm Blackstone. The transaction is "intended ...
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