According to Reuters, Jack in the Box (JACK) seeking strategic alternatives

POTENTIAL DEAL DETAILS

Jack in the Box Inc (JACK), a U.S. hamburger restaurant chain with more than 2,000 restaurants, is exploring options that could include a sale of the company after divesting its Qdoba brand earlier this year, people familiar with the matter told.

Update(s):

December 17, 2018: Jack in the Box Inc. (JACK) today announced that its Board of Directors and management team, with the support of legal and financial advisors, is exploring a range of strategic and financing alternatives to maximize shareholder value. Potential alternatives could include, among other things, a sale of the Company or executing on the Company’s previously announced plans to increase its leverage.

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