Sales Remain Popular Vs. Spinoffs as Jack In The Box(JACK) Sells Qdoba to Apollo
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 »