The U.S. Federal Trade Commission is investigating if the $10 billion acquisition of the Shelton-based Subway sandwich shop chain runs afoul of antitrust laws.
We don't need another private equity deal that could lead to higher food prices for consumers. The @FTC is right to investigate whether the purchase of @SUBWAY by the same firm that owns @jimmyjo.
By Dee-Ann Durbin/The Associated Press Subway said Thursday it will be sold to Roark Capital, a private equity firm with expertise in restaurant management that could help the sandwich chain expand and improve its stores. Terms of the deal weren't disclosed. Earlier this week, The Wall Street