Buffalo Wild Wings soars 25% on takeover talk
Fast food chain Arby's likes to tout in TV ads that it "has the meats." It's even introduced venison to the menu. But if Wall Street rumors are to be believed, the company behind Arby's may soon own a chain famous for something more common -- chicken.
Roark Capital, the majority owner of Arby's, Carl's Jr and Moe's Southwest Grill, is reportedly looking to buy Buffalo Wild Wings for $2.3 billion. Shares of the chicken wing and sports bar franchise surged nearly 25% Tuesday on the news.
Spokespeople for Buffalo Wild Wings and Roark Capital, which also has big stakes in Auntie Anne's, Carvel and Jimmy John's, were not immediately available for comme...