Arby's To Buy Buffalo Wild Wings For $2.9 Billion
- 7 years ago
Roark Capital Group, which owns Arby's and Cinnabon, has agreed to buy Buffalo Wild Wings for about $2.9 billion, according to a Bloomberg News report. The firm said it will pay $157 a share in cash for Buffalo Wild Wings, which is 34% above the company's closing stock price on November 13, the day before Roark's initial bid of $150 a share. This story is developing. Check back for more updates.