Asset management giant buys Jersey Mike's sandwich chain
Asset management firm Blackstone will become the majority owner of sandwich chain Jersey Mike’s in a deal that values the company at a reported $8 billion.
Jersey Mike's Sandwich Chain Is Acquired by Private Equity Firm Blackstone for $8 Billion
Jersey Mike’s, the quickly expanding sandwich chain, is being acquired by the private equity firm Blackstone in a deal valued at $8 billion
Meet the Jersey Mike's founder now worth $7.5 billion after selling his sandwich chain to Blackstone
Jersey Mike's founder and CEO Peter Cancro has gone from a teenager slinging subs to one of the world's 400 richest people after selling to Blackstone.
Blackstone is buying Jersey Mike's: it also has a stake in these big brands
Blackstone is poised to become the majority owner of Jersey Mike’s through an acquisition. FOX Business takes a look at some other well-known companies that Blackstone owns or has a stake in.
Blackstone Eyes Securitization Market for Jersey Mike’s Buyout
Blackstone Inc. is considering tapping the securitized debt market to help finance its acquisition of a majority stake in Jersey Mike’s, according to people with knowledge of the matter.
Blackstone strikes $8-billion deal for sandwich chain Jersey Mike's Subs
Blackstone has agreed to buy Jersey Mike's Subs, the sandwich chain said on Tuesday, in a deal that a source said valued the company at around $8 billion including debt. Reuters had reported on Monday,
Blackstone buys Jersey Mike's sandwich chain
Blackstone announced Tuesday it will acquire sandwich chain Jersey Mike's Subs. The asset management firm said the majority ownership stake will be purchased by its "most recent flagship private equity vehicle" and other funds it manages.
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