source says Private-equity firm Roark last year struck over $9.5-billion deal for Subway Nov 19 (Reuters) - Blackstone (BX.N), opens new tab has agreed to buy Jersey Mike's Subs, the sandwich ...
in a deal valued at up to $9.55 billion. Jersey Mike's, known for its submarine sandwiches, traces its roots to 1956 when Peter Cancro started working at the company's Point Pleasant, New Jersey ...
When news broke that Blackstone was pursuing an acquisition of Jersey Mike's Subs, PrimoHoagies owner Nicholas Papanier Jr. said the calls from private equity firms became more frequent.