Jack In The Box (JACK) will sell Qdoba, its Mexican themed restaurant brand, to private equity firm Apollo Global Management for $305m cash. JACK actually acquired Qdoba for $45m back in 2003, so the company was able to do some nice things with it over the years. Unfortunately, the brand has struggled to grow recently and same store… Read More »
Sometimes there is just no stopping an idea full of momentum. After years of a spinoff idea being tossed around and pushed by all parts of Wall Street (sell side and buy side), Yum! Brands (YUM) has finally decided to pull the trigger and will spin off its China business into a standalone entity. While resistance appeared to… Read More »
YUM! Brands (YUM) has been getting a lot of attention recently and it seems lots of people have ideas on how the company can deliver more shareholder value. Earlier this year, Janney analyst Mark Kalikowsky argued for setting Taco Bell free in a bid to unlock value, given Taco Bell’s purely North American exposure. It hasn’t just been the sell side… Read More »