Blackstone is said to be pursuing a purchase of Jersey Mike's for around $8B
www.restaurantbusinessonline.com
The sandwich chain is reportedly open to a deal with the private equity firm or another suitor, according to media reports, though talks
  • yesman@lemmy.world
    452·
    9 months 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
      101·
      9 months 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.