According to WSJ, Buffalo Wild Wings Inc (BWLD) approached by Arby’s Restaurant Group

  • November 15, 2017

Restaurant chain Buffalo Wild Wings Inc (BWLD) has received a takeover bid valued at more than $2.3 billion from private equity firm Roark Capital Group, citing people familiar with the matter.

November 28, 2017: Arby’s Restaurant Group, Inc. (“ARG”) and Buffalo Wild Wings, Inc. (BWLD) today announced that the companies have entered into a definitive merger agreement under which ARG will acquire BWLD for $157 per share in cash, in a transaction valued at approximately $2.9 billion, including BWW’s net debt. Arby’s is majority owned by affiliates of Roark Capital Group (Roark), an Atlanta based private equity firm that focuses on investing in franchised and multi-unit businesses in the restaurant, retail and other consumer sectors.