The drive-thru billionaire who’s trying to save Subway
After Roark Capital’s $9.7 billion winning bid for the sandwich chain, Neal Aronson faces his biggest fast-food challenge yet.
After Roark Capital’s $9.7 billion winning bid for the sandwich chain, Neal Aronson faces his biggest fast-food challenge yet.
Subway, the giant sandwich chain, has agreed to sell itself to private equity firm Roark Capital in a deal reportedly valued at $9 billion, minting a fortune for its two founding families – but only one will walk away with the bread.