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Report: Wild Wings gets takeover offer

Nov 14, 2017 - Star Tribune (Minneapolis, Minnesota)
Board and Executive Moves

The owner of Arby's, Hardee's and Jimmy John's has offered to buy Buffalo Wild Wings and take it private, five months after an activist investor won strategic control of the company, the Wall Street Journal reported late Monday.

Roark Capital of Atlanta offered about $150 a share, or $2.3 billion, for Buffalo Wild Wings, the Journal said, citing people familiar with the offer. That's a 28 percent premium to Monday's closing price of $117.25 for Buffalo Wild Wings shares. The shares soared ...